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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: Maurice S. Green who wrote (2221)	8/19/1998 12:09:00 AM
From: Ariella	Read Replies (1) \| Respond to of 3247

1) The company press release: Yahoo - Three-Five Systems, Inc. Issues Mid-Q... Tuesday August 18, 4:13 pm Eastern Time Three-Five Systems, Inc. Issues Mid-Quarter Analysis TEMPE, Ariz.--(BUSINESS WIRE)--Aug. 18, 1998--Three-Five Systems, Inc (NYSE: TFS - news) today announced that it expects to achieve record-level unit volumes of liquid crystal display (LCD) modules in 1998 with a 40% to 50% increase over 1997. ... ___________________________________________________ 2) Reuters' spin an hour later: Yahoo - Three-Five Systems sees possible loss Tuesday August 18, 5:23 pm Eastern Time Three-Five Systems sees possible loss TEMPE, Ariz., Aug. 18 (Reuters) - Three-Five Systems Inc., a maker of liquid crystal display modules, said on Tuesday that it expected its earnings per share in the quarter ending Sept. 30 to range from break-even to a loss of $0.10 a share. ____________________________________________ 3) CBS MarketWatch's version two hours after the company press release: CBS MarketWatch - Three-Five Systems warns :shares could drop By Tiare Rath, CBS MarketWatch Last Update: 6:39 PM ET Aug 18, 1998 TEMPE, Ariz. (CBS.MW) -- Three-Five Systems shares could drop Wednesday after the company warned that its third quarter is likely to miss analysts' estimates by as much as 30 cents a share.... ____________________________________________________ To the thread: as you know, this is a disastrous development. Saying that "prosperity is just around the corner" (4th quarter) is about as believable as Clinton saying in back-to-back sentences that he "misled" but he's telling the truth now. All versions give some space to management's forecast that the future belongs to LCiD and LCoS. Tell me something -- Siliscape notwithstanding, how many of you bought this stock for its value as an R&D play? I thought of that as sugar on the cake, not the cake. Tomorrow will be painful. And also the rest of the year because late-year selling for tax reasons will probably make this a dead investment for quite a while. We ought to make sure some issues are raised in the next proxy and we ought to beg KOPN or Siliscape to buy us out. Sure hope we don't have a poison pill in place. --Ariella