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

To: Sandman who wrote (12325)11/25/1998 12:07:00 PM
From: Calvin Scott  Read Replies (1) | Respond to of 14577
 
Sandman, don't get me wrong, I got in at $3.25 so I am doing great. I just remember how this stock has acted in the past on CNBC BS as well as rumors. We get a nice spike and then free fall. I am selling half of my position now and will buy back when I think it has been beat to death (it has already retreated from todays high)
I also agree with you on the current fundamentals and the new management. I still talk with a number of current S3ers and the mood is upbeat but cautious. I believe that there will be a gradual uptrend over the next 6 to 8 months and I plan on being on that ride.

Calvin Scott



To: Sandman who wrote (12325)11/25/1998 12:13:00 PM
From: stockroach  Respond to of 14577
 
Calvin,
I did exactly that, I sold and took my profits. There is still
2 more quarters of losses to report. The Savage by S3's own
admission is not selling well ( see post 12316) and Savage 2
will not ship until Q2 99 and yes they do have a OEM win. I think
the stock will trace back to high 3 - low 4's and I will get back
in.
Good luck to all
stockroach


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