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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: JerryP who wrote (10899)	5/8/1998 11:14:00 PM
From: ted quinn	Respond to of 14577

Any one have any comments on the annual report which should be appearing in mailboxes soon? I got mine today. Interesting reading. In the noble tradition of Leo Trotsky, Gary Johnson has been written out of history. You would never know that he was at the helm last year by reading the document. Only a brief mention that he is being booted off the Board of Directors in the proxy statement. Looks like S3 is severing all ties to GJ and to Dado. I was unhappy to read of the options repricing to 5 1/8 last December. Not 6, not 5 1/2, but 5 1/8. Keep in mind that there are 6 million of the repriced options but they cannot be exercised til December. Therefore, I think S3 will pull out all the stops to get the price up at the end of the year, then there will be a massive selling of insider shares. Anyone going to the annual meeting next week? Any reason to go?