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

To: stockroach who wrote (11896)	9/2/1998 12:40:00 PM
From: Bert Kuo	Respond to of 14577

Does anyone know about this -.22 estimate -- does it include the restructuring charge that they will have to take for laying off 25% of their workforce?

To: stockroach who wrote (11896)	9/2/1998 1:53:00 PM
From: JerryP	Read Replies (1) \| Respond to of 14577

stockroach, As in football, it's not just the Jets that fumble the ball. All the players fumble sometime. S3 just happened to do it when we were in the stands betting on them. I think the this version of the Savage is letting all the disappointed, departed fans and especially the other players know that S3 is back in town and ready to play ball. Michael expressed concern about using the patents or they'll be useless, what with the volatile tech industry. He's correct, but those patents could be cutting edge for another 12-18 months or more. What Don says is right. You don't want to huddle your team on the scrimmage line so the defense can hear what you plan to do with the ball. Methinks they have something on the sidelines that will surpass the capabilities of the Savage as much as it eclipsed the rest of the field. So much for football analogies. Next week, for George and Frank, I'll be using lingerie-ic metaphors. JP "Onward", George, and upWARD

To: stockroach who wrote (11896)	9/2/1998 2:17:00 PM
From: Don Earl	Read Replies (1) \| Respond to of 14577

Hi Calvin, stockroach and Bert, Bert-Normally EPS estimates exclude one time charges. Since the restructuring was a done deal last quarter, the cost savings should come close to off setting the one time charge. I'd guess about $5 million or around -.10 Calvin-thanks for the link. stockroach-The last time I looked, all the OEMs were still carrying a few models with older S3 chips. Why would it cost them money to pick up a new line? What would be the difference in using any of the new chips coming out? I'm not a technical person, so I probably miss some of the finer points but don't they just sort of unplug the old one and plug in the new one? I was looking over the 10K a few days ago where it talks about customer concentration. The board makers are where S3 gets most of their business. I think Diamond accounted for something like 16% of their business in 96. Granted S3 isn't in the same position they were 2 years ago but the wins with the board makers should still be bigger deals than OEMs putting Savage into a few of their lines. I found this on the Yahoo thread: shopper.com Nobody has it in stock yet but it must be close enough where they feel comfortable taking orders for it. From what I've been seeing it's priced about $50 below the closest competitor for anything near comparable performance. Even the most pessimistic predictions are forecasting profitability going from Q4 forward. I honestly don't see how SIII can stay at these levels for any length of time. I'm still more than a little baffled that it managed to break below 5 in the first place. Regards, Don