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


To: Logain Ablar who wrote (12661)1/28/1999 7:47:00 PM
From: Glenn Norman  Read Replies (1) | Respond to of 14577
 
Yo_Tim.............I have been trading this stock for over three years (both long and short) and the losses are substantial and are projected out at least 2 more QTRs. The general feeling is that since the deal with INTEL that this company can't do anything but go up. Intel has 100s' of deals with smaller companies and just because Intel has an agreement with S3 is no guarantee of instant earnings or immediate turn around. You don't think all the other graphic chip companies are just sitting on their hands so that S3 can regain their lost market share, do you? Well SKI might tell you a different story about who's who in the highly competitive graphics chip market. Certainly the change in management is a boon to the company and was lonnnnnngggg overdue, as well as PR information is now forth coming which is also badly needed. I think S3 will eventually prosper and move up in price based on good projected future earnings, but I don't see that happening in the first half of this year.

Good luck in the long term, but I still believe the stock will trend lower in the near term -- just my own guess!

Salude Tim- Norman!