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

To: Don Earl who wrote (12630)	1/26/1999 9:04:00 AM
From: Rob	Read Replies (2) \| Respond to of 14577

SIII is BID UP in pre-market on Instinet. 7 1/2 X 7 3/4 small size. Hi Don: As a professional trader, I must disagree with your comment that "Massive amounts of stock went across at the bid WITHOUT a drop in price. A trading pattern that usually precedes an enormous short squeeze. My guess is there will be a gap down at the open to push the lemmings over the cliff and give the shorts a taste of blood." No, that pattern (which I saw, too) means that there were lots of small sized SELLERS being mopped up by a big BUYER. I watched the trading in SIII all day yesterday and Herzog bought every little scrap it could above 7 1/4. You're just off the mark on this one, friend. As for the "gap down," SIII is bid UP. Don't know if it will hold, but I thought the CC was extremely encouraging; of the "we have definitely turned the corner with this new management variety." Good luck if you're short. Cheers, Rob

To: Don Earl who wrote (12630)	1/26/1999 9:19:00 AM
From: stock talk	Read Replies (1) \| Respond to of 14577

To anyone who listen to the CC, reread this old news and read between the lines and it should fill in "between the lines" what was being said on the call. Pay close attention to "all future integrated chipsets comments" for the sub-$1000 market. <<< S3, Intel in tech licensing deal By Michael Kanellos Staff Writer, CNET News.com December 17, 1998, 12:15 p.m. PT update Graphics vendor S3 has become the latest company to land a technology licensing deal with Intel, a trend that may lead to the emergence of low-cost parts for set-top boxes, information appliances, and cheap computers based on Intel ideas. The agreement--which follows a technology swap between Via Technologies and Intel, and is expected to be followed by deals between the chip giant, SiS, Acer Laboratories, and others--will likely have far reaching implications for the industry. In the future, Intel-based parts won't just come from Intel. Instead, they will emerge from a series of smaller competitors like S3, which plans to produce new 3D chips, chipsets with 3D capabilities for inexpensive computers, and even processors for handheld computers and the like that depend upon Intel intellectual property. Not only will this mean cheaper parts, it will lead potentially to the further expansion of Intel's chip technology in the low-end computer market and even non-PC markets. Bergman said that S3 has access to all of Intel's patents, including patents to the Pentium II. S3, however,is limited in how the company can incorporate these patents into actual products. In any event, S3 has "no desire to develop microprocessors that will compete head to head against Intel," Bergman said. But, because Intel is not as yet entrenched in the handheld or set-top market, the deal could see the emergence of S3 system-on-a-chip devices. These chips could serve as microprocessors or merely graphics chips. S3 is being fairly cryptic on the subject, but executives at the company have said that S3's intellectual property portofolio creates "opportunities." Today's deal will help ensure that S3 doesn't miss another design cycle. In addition, as integrated chipsets become more popular, S3 will not have to worry about getting access to bus technology. Other competitors who have not signed deals with Intel, however, might. >>>>>>>

To: Don Earl who wrote (12630)	1/26/1999 10:05:00 AM
From: stock talk	Respond to of 14577

Good call so far. <Some interesting things going on with the way S3 traded today. The MSN article sucked in a lot of traders of the lemming variety that will panic at the first sign of blood. Massive amounts of stock went across at the bid WITHOUT a drop in price. A trading pattern that usually precedes an enormous short squeeze. My guess is there will be a gap down at the open to push the lemmings over the cliff and give the shorts a taste of blood. Then the hammer will fall across any of the slow short players. Should get wild and bloody tomorrow. Whatever happens tomorrow, it is NOT going to be boring. Have fun.> I still haven't seen any big block selling, I wouldn't be totally surprised to see this strange duck close up.