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


To: Don Earl who wrote (11014)5/21/1998 3:37:00 PM
From: ted quinn  Respond to of 14577
 
I'm with you. I've been accumulating big chunks of S3 in the 6 1/2 to 6 3/4 range in the past few days. The smart money is buying now. Is anyone else on the thread still buying or just holding???



To: Don Earl who wrote (11014)5/21/1998 3:40:00 PM
From: Bill Lin  Read Replies (3) | Respond to of 14577
 
Am I wrong, or is S3 sales supposed to suck big time this current qtr? last qtr they had the sale of the USC 1/3 to buck up earnings. This qtr is supposed to be sad because they have only Trio sales, which are coming under pressure.

Also they have to write off their R&D expenses - per their accounting practice.
also sales at DIMD and STB have been slowing lately because PC sales are slowing
also PC sales are slowing going into summer
(yeah, same argument - industry is slowing)

I'd wait until S3 hits $4 during the tech selloff before taking a mega position...

But agree with you that S3 can hit double digits this year. Just market timing...so maybe disagreeing with your timing...
BL