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


To: Calvin Scott who wrote (11878)8/31/1998 2:07:00 PM
From: Michael  Read Replies (2) | Respond to of 14577
 
We are in a sad state here and it doesn't have anything to do with the market. While the market was booming, this stock still didn't do anything but drop. It is now trading at about 1/2 book value. OEM design wins that were promised didn't materialize. We've hit quadrapule bottoms, been rumored to buy out from everyone from AMD to A&P. There is obviously bad news coming soon to see this kind of drop.



To: Calvin Scott who wrote (11878)8/31/1998 4:35:00 PM
From: Ken Muller  Read Replies (1) | Respond to of 14577
 
Calvin:

<<I would not underestimate the downside risk (@$3)>>

You might have missed my humor on this one, Calvin. What I meant was S3 probably wouldn't go down much more than 3 additional points.

Happy investing,
Ken




To: Calvin Scott who wrote (11878)8/31/1998 4:48:00 PM
From: investz  Respond to of 14577
 
S3 at 3 I can''t believe that. I agree about stay pat , and not doing anything in this crazy market. I may put money in my mutual funds but thats it for now. geocities.com