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


To: the hube who wrote (12604)1/24/1999 8:11:00 PM
From: Don Earl  Read Replies (4) | Respond to of 14577
 
Hi John,

If S3 were a normal company, I would agree with you. Since 1994 outstanding shares have increased from 36 million to 52 million and they are asking for more shares now because they have optioned out the balance of the additional 18 million shares for which they are authorized. It's my opinion that S3 management is suffering from the "good ol' boy" syndrome, the company can go to hell as long as they have the ability to vote themselves huge blocks of stock. You can bet that as we speak, those same executives are out campaigning to get yes votes for their most recent scam instead of working to increase revenue.

For whatever good it will do, I will be voting NO with my proxies. I think it's about time that S3 management gets a wake up call that share holders won't stand for further dilution of their holdings without some solid performance from upper management.

Regards,

Don