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

To: stockroach who wrote (11667)	8/4/1998 12:33:00 AM
From: John Nasser	Respond to of 14577

The few reasons I think S3 is doing so poorly of late.... 1. It's already August and hardly any design wins for the Savage to speak of. And no OEM wins yet. 2. This market is in a sell-off anyways. 3. There is a publicly unknown factor that is causing downward pressure such as (problem with the chips, etc.) Given all this, it is still hard to believe we're under 4! Just my thoughts.... John Nasser

To: stockroach who wrote (11667)	8/4/1998 12:48:00 AM
From: Chris Tomas	Respond to of 14577

Rev. A was still more of a beta silicon and never intended for volume shipments. Rev. B is the final product.

To: stockroach who wrote (11667)	8/4/1998 12:27:00 PM
From: Don Earl	Read Replies (2) \| Respond to of 14577

Hi stockroach, Chris pretty much covered it. Rev. A is the test copy where the experts get to play with it and try to find all the bugs. Rev. B is the final shipping product that we are all hoping is a bug free solid release. That they are ready to ship in production volume should be good news. With Diamond, STB and Hercules ready to take delivery when it ships, should mean extra revenue this Q. Also, as yet undisclosed design wins, from some as yet undisclosed OEMs. The conference call this quarter was not exactly an inspiring piece of work. I usually try to run the numbers to get an idea what to expect but there really isn't much to work with right now. With Savage shipping, I'm sort of guessing break even with a one time charge for restructuring of around -.12. I'm starting to get the impression that a lot of folks have been buying SIII on margin. An idiot thing to do for anyone except experienced day traders that are holding all cash at the end of the day. A good portion of the small sales going across the screen are probably little guys getting forced out on margin calls. About like stealing candy from babies. Anyone buying with cash under $8 should be pleasantly rewarded within a few months. We're currently toward the end of a double bottom pattern 4 years long. According to theory, the longer the pattern, the longer the up turn. Also, the break out from double bottoms are usually breath taking. I made another buy yesterday to bring my total up to 12K shares. If we test the 4 year low I'll probably be tempted to pick up another 2K, but I really don't need any more SIII, even though it's pretty hard to resist at these levels. A few insider buys on the open market would go a long way toward inspiring investor confidence right now. It's amazing what even token purchases by the CEO, CFO and VPs will do for a stocks price. Regards, Don PS: Did you see the news on IBMs new process for making chips? Very interesting stuff for those in a speculative mood about buy outs.