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


To: Parker Benchley who wrote (11875)8/31/1998 1:00:00 PM
From: Parker Benchley  Read Replies (2) | Respond to of 14577
 
All,

JHC, how far down are we going on this?

Onward,

George



To: Parker Benchley who wrote (11875)8/31/1998 2:28:00 PM
From: Don Earl  Respond to of 14577
 
Hi George,

I can't seem to put my finger on what's causing this blood bath.

SIII currently trading below it's all time low closing price of 3 5/16 of 1994 at which time book value was $1.89???!!! It looks like the MMs are taking this opportunity to take some cheep shares away from the optimists that were buying SIII on margin over the last couple weeks. I don't think they will be able to hold it at these levels for very long no matter what the market does.

Interesting article on the NASDAQ site about the Windows 98 product launch in China with speculation about computer growth, etc. All those bright shinny new computers with Windows 98 and S3 texture compression.

Wake me up when we start trading above book again.

Regards,

Don