Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: R Lam who wrote (12826)	3/9/1999 1:14:00 PM
From: Don Earl	Read Replies (2) \| Respond to of 14577

Hi R, No kidding. I've been watching in total amazement. It was looking real solid all morning, then the bottom just sort of fell out. March options expire in 10 days. I guess those 7 1/2 calls are just too deep in the money for the MMs to be happy. I thought the $150 million projections for 1999 Savage 4 sales sounded pretty good. With the mobile and older desktop lines, they should be cranking out $80-90 million by Q4. If they ever get the mobile Savage off the drawing board, they should be able to add an extra $20 million to that. All high profit margin stuff. I about fell down laughing the other day when I was reading Marks post about how he wished people would stop buying options so the stock wouldn't tank on the third Friday each month. It really does sound like the tail wagging the dog...but... after awhile it sure makes you wonder. Regards, Don