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


To: Jay Hartzok who wrote (12752)2/23/1999 11:07:00 AM
From: mark doubiago  Respond to of 14577
 
Jay, you are so right. S3 has done it several times in the past. Coincidence? Probably. I believe they posted the day of Greenspan's "irrational exhuberance" speech. Several times when the stock should have spiked up, it bombed because the market went into the dumpster that day. Maybe its just George's Damien effect.

On a side note. Does anyone get the impression that there is a lot of accumulation going on and that things are working to keep the price down until everyone is loaded up? Maybe everyone is just waiting to see real shipping OEM wins. Maybe people are just a little leery after the last couple of years. The original Savage was touted as being the comeback kid and then flopped. Diamond dropped it and STB only sold it in Europe. Savage4 is again looking really great like the original Savage started out as. This time i think they really have a winner and the people in the know are really loading up. I have already loaded up and am just waiting for the big move.

Was last friday's closing price a surprise to anyone? A couple of years back when things were going great, S3's stock price seemed to often close at a price that would cause the greatest amount of call options to expire worthless. Ditto last friday. The april 10 calls are building up so that may at least give us a chance to close at 10 around the end of april. That is if this option expiration thing is real. I have seem it many times and know that sometimes it really is the controlling factor when there is no other news to move the stock. I would really love to see it knocked on its ass this month and next due to the big name OEMs finally being announced.

Saw a Savage based board for $40 something. That is sure cheap. I think that the new ATI chip is selling for $40. That makes the Savage4 at $25 or so look pretty good. An OEM could make an additional $15 or so profit per unit selling a PC with a Savage4 versus an ATI chip. With selling millions of units, that really adds up. And in today's market, every penny counts. Great selling point for Savage4. Can't wait to get my hands on one to replace my S3 GX based board.



To: Jay Hartzok who wrote (12752)2/23/1999 5:39:00 PM
From: Logain Ablar  Read Replies (2) | Respond to of 14577
 
I guess I was a little premature on breaking $9. I forgot about $8&1/8 along the way <gg>.