S3 (A LONGER TERM PERSPECTIVE) | Stock Discussion Forums

SiliconInvestor

sponsor

Sponsor

Technology Stocks | S3 (A LONGER TERM PERSPECTIVE)

Previous 10 | Next 10

To: Mighty Mizzou who wrote (14517)	9/8/2000 1:43:31 PM
From: CrazyTrain	of 14577

For a UMC stock quote: quote.yahoo.com United Microelectronics posted record high revenue in August Taipei, Sept. 7, 2000 (CENS)--United Microelectronics Corp. (UMC), the second largest domestic provider of wafer foundry services listed on the Taiwan Stock Exchange, reaped revenue of NT$9.831 billion last month, the highest monthly figure ever on record. UMC's revenue last month jumped tremendously, by 290.30% from the same month last year. For the January-August period, the company registered cumulative revenue of NT$62.911 billion, a whopping hike of 240.44% from the same eight months in 1999. UMC posted revenue of NT$43.75 billion for the first half of this year, fulfilling 49.72% of the NT$88 billion projected for this year. Meanwhile, the half-year pretax profit of NT$19.51 billion attained 64.97% of the goal of NT$30.03 billion for this year. The company's gross profit rate for wafer foundry services recorded 44%-46% in the first quarter and 48% in the second quarter of this year. Based on the January-August business operational performance and an expected gross profit rate of over 50% in the second half of this year, UMC is likely to reach NT$110 billion in revenue and NT$45 billion in pretax profit this year. Institutional stock investors estimate UMC's net earnings per share this year to be NT$3-NT$4, much higher than the target of NT$2.67. However, the company has so far indicated no intention of raising its 2000 financial forecast. UMC's 8-inch wafer foundry capacity stands at 2.6 million wafers, 4% of the global total. The company will increase its foundry capacity to 3.1 million wafers for a global share of 5% next year.

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: stock talk who started this subject	9/12/2000 9:24:52 AM
From: Jim Muskett	of 14577

Finally, news about the PSA 120 .... it's SHIPPING. VANCOUVER, Wash.--(BUSINESS WIRE)--Sept. 12, 2000-- All-New, Digital Audio Player for Sports and Fitness, Preloaded With Music From Snoop Dogg and the Newest Single "You're an Ocean" by FastBall Nike, Inc. (NYSE:NKE.N) and S3(R)'s Rio Division(TM) (Nasdaq:SIII.O) announced today they have shipped the Nike PSA/Play 120, a portable, ergonomically designed digital audio player geared toward fitness enthusiasts. "This player is perfect for the sports-minded consumer who wants a quality, skip-free music experience while working out," said Mike Reed, vice president of marketing with S3's Rio Division. "This player is another great example of how we are carefully tailoring the device to the desires of consumers." "Nike has stuck a wire in sports with the PSA/Play," said Clare Hamill, vice president of Nike Equipment. "This is what athletes really want -- a small, portable, skip-free player to wear or carry every time they exercise or train." Nike PSA/Play 120, featuring Rio Audio This player is specifically designed to meet the needs of the athletic community and includes the following features: -0- T -- Ergonomic Design -- Rounded edges make it comfortable to store in your pocket or wear in the included arm band. -- Sightless Control -- Raised buttons for fast forward, rewind, play and stop as well as volume control that is easily recognized by touch make the PSA/Play 120 easy to use without looking at the player. -- Rio Audio -- Built on S3's Rio Audio technology, the PSA/Play 120 will provide consumers with a digital music experience consistent with the rest of S3's market-leading Rio players. -- Embedded, Expandable Memory -- 64 MB of built-in memory will provide 120 minutes of Rio Audio-quality digital music. A memory expansion slot is available on the back of the player to boost music storage to 210 minutes. -- Remote Control -- A fully functional, wearable remote control with a dot matrix LCD display improves the player's usability while streamlining it for comfort. -- Music Format Support -- The Nike PSA/Play 120 will support Windows Media (WMA) and MP3, featuring an upgradeable processor to support emerging formats as they are available. T Platinum Winning Artists Featured on Nike PSA/Play 120 S3 continues its relationship with recording labels by offering top tier content on the Nike PSA/Play 120. Each player is preloaded with several tracks from TVT Records: "Got Beef" by Snoop Dogg & The Eastsidaz, "Waffle" by Sevendust, "I Preach to Party" by Pills and "I'm the Man Who Murdered Love" by XTC. S3 also partnered with Hollywood Records in order to showcase "You're An Ocean," the newest single from FastBall, on the Nike PSA/Play 120. Nike PSA Play/60 Ships on Heels of 120 The newest member of the family of players, also the result of a collaboration between Nike and S3, called the Nike PSA Play 1/860 will be available soon after the release of the Nike PSA/Play 120. This entry-level sports and fitness player comes with 32 MB of memory for 60 minutes of music. The Nike PSA/Play 60 will feature two artists from DreamWorks Records, "Last Resort" by Papa Roach and "Illumination" by Rollins Band as well as two artists from Sire Records, "Bullet in a Gun" by Paul Oakenfold and "Wake Up" by Grand Theft Audio. Pricing and Availability The Nike PSA/Play 120 shipped to North American retail outlets with a suggested retail price of $299.95. The Nike PSA/Play 60 has a suggested retail price of $199.95. Each package ships with all necessary software and cables, belt clip and arm band, premium headphones, plus player and remote. Rio Audio Branding Program The Nike agreement is a substantial element of S3's Rio Audio branding program. The program allows a select group of consumer product-focused companies to market digital audio devices that appeal to various lifestyles and market segments, while still offering a consistent music experience. Based on extensive testing and user feedback, key elements of the Rio music experience include familiar user control and interface, edgy product style, superior sound quality, access to music industry-supported formats, and compatibility with home-networked audio and software on the PC and Mac. Consumers who purchase these co-branded devices will enjoy a consistent experience through a variety of products. About S3's Rio Division Following its acquisition of Diamond Multimedia and the transfer of its graphics chip assets to a joint venture company, S3 has been re-launched as a digital media company focused on creating products and partnerships that help build the digital home. Combining significant financial assets with a strong technology portfolio, which includes the Rio family of digital audio players and the HomeFree series of home networking solutions, S3 is uniquely positioned to capitalize on high growth opportunities in the rapidly converging Internet and consumer device markets. For more information on S3, contact Tracy Perry, Investor Relations, 408/588-8086, ir@s3.com. Companies interested in partnering with S3 may contact Kerry Sobol, Director Global Channel Development, S3's Rio Division, 360/604-1456 or kerrys@s3.com. Those interested in music content partnerships should contact Sherman Tam, Market Development Manager, S3's Rio Division, 360/604-1461 or shermant@s3.com. About Nike Nike, Inc. headquartered in Beaverton, OR, markets its products in more than 100 countries and is the world's leading sports and fitness company. Nike is also diversifying their market base with the creation of nike/techlab -- where athlete-inspired innovation and technology come together to create cutting-edge tools and apparel for the fitness consumer. Nike has created a line of clothing that accommodates the players, which will be available exclusively through nike.com for the holidays. Further information about Nike, Inc. can be obtained at www.nikebiz.com. Except for historical information contained herein, the matters set forth in this press release are forward-looking statements that are subject to risk and uncertainties, including the impact of competitive products and pricing and of alternative technological advances, the ability of S3 to produce and move product into its distribution channels and the cooperation of it distribution channel partners, the ability of S3 to secure deals with record labels, and other risks detailed from time to time in S3's SEC reports, including its quarterly report on Form 10-Q for the quarter ended June 30, 2000. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo, Diamond Multimedia and HomeFree are trademarks of S3 Incorporated. Rio is a trademark of RioPort.com, Inc. and is used by S3 under license from RioPort.com, Inc. Other marks referenced herein are the property of their respective owners. NOTE TO EDITORS: Throughout this release the forward bracket symbol in the product name PSA/Play, PSA Play/60 and nike/techlab has been changed to a "/", since the forward bracket causes transmission problems on many systems. --30--BP/se* CONTACT: For Nike and S3 Porter Novelli Convergence Group Nancy Sonju, 206/727-2880 nancy.sonju@pnicg.com or Nike USA Communications Claudine Leith, 503/671-3028 claudine.leith@nike.com KEYWORD: OREGON WASHINGTON INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS MUSIC HARDWARE SPORTS MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 2000, Business Wire

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: John Nasser who wrote (14520)	9/14/2000 8:27:45 AM
From: Herc	of 14577

Looks like it's still too bulky for jogging. When are higher capacity flash memory chips coming? <<New Nomad Jukebox Stores Lifetime's Collection of Tunes By WALTER S. MOSSBERG THE DIGITAL-MUSIC revolution rolls on, whether the titans of the record industry like it or not. The latest advance in this revolution is a remarkable new music player called the Nomad Jukebox, from Creative Technology. The Jukebox is small and light, about the size and shape of a standard portable CD player. But its appearance is deceptive, for the Nomad Jukebox can hold more than 1,500 typical songs in the popular MP3 format -- a lifetime's collection of favorite tunes -- and can play them back, in any combination or order, with excellent fidelity. That's the equivalent of at least 150 CDs, or over 100 hours of music. It isn't cheap, and it isn't perfect. But, in my tests, it worked fine, and the effect of using it is dramatic if you love music, or merely like to pass the time with songs on a long flight. With the Nomad Jukebox, you no longer have to carry a pile of CDs, or decide which of your favorite songs to take along. If you have $499, and a Windows PC or a Mac with a USB port, you can load up your Jukebox and carry all your favorite music in one hand. This isn't the first MP3 player, of course. Many companies have introduced small, portable players that can be loaded with MP3 song files via a cable connected to a PC. But these players, which now typically cost between $100 and $200, usually hold only about an hour of music. They store the songs on special memory cards which have limited capacity and are very costly. THE JUKEBOX USES a compact but copious six-gigabyte hard disk. Hard disks can be fragile, but this one is rugged. In my tests, I shook the device repeatedly, and even dropped it four or five times onto a wooden desk and onto the floor. It never skipped and never stopped working. There have been a couple of earlier hard-disk-based players, but they were hard to find, tended to cost more than the Nomad, and didn't carry a familiar and trusted brand name like Creative, which has long been a leader in computer audio. Nomad Jukebox Here's how the Nomad Jukebox works. First, you have to obtain the songs and convert them to MP3s on your PC or Mac. This is easy to do. Using the software included with the jukebox, or any other common MP3 program, you can put your favorite commercial CDs into the computer's CD drive, and "rip," or convert, the songs you like to MP3 format. If you have an Internet connection, you can also gather songs in the MP3 format from a host of Internet sites, such as MP3.com. Then, you connect the jukebox to the PC with the included USB cable, and the songs are transferred to the hard disk inside the jukebox. The transfers are rapid, and the songs are immediately available for playback. In my tests, I transferred 1,363 rock, pop and folk songs to the jukebox and still had over 850 megabytes of storage left on the device. The songs I selected included famous tunes from famous artists, as well as songs from a self-published CD by my favorite unsigned band (my son's), the Arthur Dent Foundation (www.trydent.com). I also successfully transferred songs from my favorite Web-based singer, Susan Greenbaum, available free at www.susangreenbaum.com. All of these songs, from all the diverse sources, played perfectly on the Jukebox. The Jukebox can also record music directly from your stereo system, without a PC, though the resulting digital files are much larger than MP3s. And, while it's mainly designed to be used with headphones, the jukebox can also be connected to home audio receivers and speakers. WITH THIS MANY SONGS, organization is crucial. So the jukebox includes an LCD screen with a menu that allows you to see your collection organized by artists, albums, or genres. You just drill down in the menus and select songs, or whole albums, and they are added to the queue of songs that are playing. You can also create permanent play lists of any mixture of songs, in any quantity or order. You can build these play lists right on the Jukebox, but an easier way to do it is to create the play lists using the Nomad software on your PC, and then transfer them to the Jukebox. There are some downsides. Hard drives take power, so the four rechargeable AA batteries can run the unit for only four hours. But Creative includes two sets of these batteries, which should cover any long flight. If you have a question you want answered, or any other comment or suggestion about Walter S. Mossberg's column, please send e-mail to mossberg@wsj.com Also, because of voluntary restrictions imposed by the music industry, you can't use the jukebox to transfer songs from one of your PCs to another, even though this is perfectly legal. And, the software crashed on me a few times during my initial transfer of the 1,300 songs. It choked when I selected too many songs at once to transfer, forcing me to quit and restart the software, and to restart the jukebox before resuming the transfer process. But, all in all, the Nomad Jukebox works. It's available at electronics stores and Web retailers such as Amazon.com. And more high-capacity players are coming. ReQuest Inc., and Lydstrom Inc, are introducing larger and costlier MP3 jukeboxes that are designed to be attached to home stereo systems. And Philips and others are selling special CD players that can play home-recorded CDs containing up to 150 MP3 tracks each. So the revolution advances. And consumers are the winners.>>

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: Herc who wrote (14521)	9/14/2000 9:16:07 AM
From: John Nasser	of 14577

S3 and Psion PLC Partner for North American Markets First North American Product Expected to Ship in October SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 14, 2000--S3® Incorporated (Nasdaq:SIII - news) announced today that is has signed a Memorandum of Understanding with Psion Computers PLC, a wholly owned subsidiary of Psion PLC (PON.L), to pursue both immediate and longer-term opportunities in the emerging communications/computing convergence markets. Leveraging their complementary technologies, brands and channel geographies, the companies have agreed to examine a range of opportunities, including technology cross-licensing and joint product marketing. S3 and Psion anticipate that the first consumer product arising from this agreement will ship to North American markets in October for this year's holiday buying season. Further details regarding this product, as well as any other specific S3 and Psion initiatives, will be unveiled at its time of launch. ``Psion has tremendous strengths in handheld computing and wireless technology and we foresee these areas as being key to our long-term business strategy,'' said Ken Potashner, chairman and CEO of S3 Incorporated. ``With a first joint product expected to ship in October and several follow-up technology initiatives in discussion, we are broadly engaged with Psion and look forward to a productive and profitable partnership.'' ``This partnership represents another important step in establishing Psion as a leading international mobile Internet company,'' said David Levin, CEO, Psion PLC. ``S3 is ideally positioned to capitalize on high-growth opportunities in the rapidly converging communication and computing device markets. There are great synergies between our two companies in terms of technologies, vision, channels and markets.'' About S3 Incorporated (www.S3.com) A leader in the converging Internet, digital media and consumer device markets, S3 holds significant financial assets, global marketing capabilities and a focused technology portfolio, that includes Rio(TM) digital audio players, HomeFree(TM) home networking solutions, internet access products, and forthcoming information appliances. About Psion PLC (www.psion.com) The Psion Group comprises four divisions focused on providing mobile internet and corporate network solutions. Psion has a well-earned reputation for technology innovation and leadership. Psion was founded in 1980 by its chairman David Potter and is now one of Europe's leading technology companies with a history of pioneering new markets for digital products. Psion PLC has a worldwide distribution network comprising sales companies in the U.S., Germany and Holland, as well as more than 50 independent overseas distributors. Psion is also the largest shareholder in Symbian, a joint venture company owned by Psion, Ericsson, Motorola, Matsushita and Nokia. Symbian's objective is to develop and market its platform technology as the industry standard for the next generation of mobile communication and computing devices. Except for historical information contained herein, the matters set forth in this press release, including statements relating to the first consumer product under the agreement and its expected introduction and shipping schedule, and the expectations for the relationship between Psion and S3, are forward-looking statements that are subject to risk and uncertainties, including the ability of S3 and Psion to work together to develop the initial consumer product, the ability of the parties to work together on additional initiatives, the impact of competitive products and pricing and of alternative technological advances, the ability of the parties to timely introduce jointly developed products that address market demands, and other risks detailed from time to time in S3's SEC reports, including its quarterly report on Form 10-Q for the quarter ended June 30, 2000. The S3 corporate logo and HomeFree are trademarks of S3 Incorporated. Rio is a trademark of RioPort.com, Inc. and is used by S3 under licenses from RioPort.com, Inc. Other marks referenced herein are the property of their respective owners. -------------------------------------------------------------------------------- Contact: S3 Incorporated Paul Crossley, 408/588-8664 Pcross@S3.com Tracy Perry ir@S3.com, 408/588-8086 or Psion PLC Peter Bancroft, +44 20 73174150 peter.bancroft@psion.com or Brunswick Craig Breheny, +44 20 74045959 Email this story - View most popular stories emailed -------------------------------------------------------------------------------- More Quotes and News: S3 Inc (NasdaqNM:SIII - news) Related News Categories: computers, internet, networking, publishing, semiconductors, software, telecom -------------------------------------------------------------------------------- Help

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: John Nasser who wrote (14522)	9/15/2000 9:43:02 AM
From: John Nasser	of 14577

S3 Graphics and VIA Launch First Integrated Graphics Core Logic Chipset with Full AMD Support ProSavage(TM) KM133 -- Powerful New Joint Venture Product Sets New Industry Standard for Scalability and Performance SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 15, 2000-- As part of their joint venture, S3 Graphics, a division of S3® Incorporated (Nasdaq:SIII - news), and VIA Technologies, Inc. today announced the availability of the ProSavage KM133, the first integrated graphics core logic chipset with full support for the Socket A AMD Duron(TM) and Athlon(TM) processors. Combining VIA's industry-leading Apollo KT133 chipset with the award-winning S3 Savage4(TM) 3D and Savage2000(TM) 2D graphics engines, the ProSavage KM133 sets a new standard for high performance integrated chipsets in high-volume AMD-based value PCs. ``AMD is excited about the performance the VIA ProSavage KM133 chipset delivers to value-conscious users when paired with AMD's high-speed 200MHz front side bus and performance enhancing cache technology included in both the Athlon and Duron processors,'' said Richard Heye, vice president and general manager, AMD's Texas Microprocessor Division. ``When placed next to the rich video features of the integrated S3 Savage4 AGP 4X graphics core, which includes advanced 3D texturing technology, hardware DVD support and multiple display options, you are left with a low-priced machine with high-performance power.'' ``The VIA Apollo KT133 chipset maximizes the full performance of AMD's Duron and Athlon Socket A processors. This, combined with S3 Graphics' market leading Savage4 and Savage2000 graphics engines, sets a new benchmark for AMD-based systems,'' commented Wen-Chi Chen, president and CEO of VIA Technologies. ``This integrated graphics core logic chipset provides unrivalled competitive advantages for OEMs and Systems Integrators looking to build powerful, feature-rich PCs addressing multiple market segments.'' ``The launch of the ProSavage KM133 closely follows the successful shipment of our first joint venture product, the Intel compatible ProSavage PM133 and shows our commitment to bringing the best in high-performance chipsets to the value PC market,'' commented Rick Bergman, chief operating officer, S3 Graphics. ``The breaking of technological barriers through continued innovation in our respective fields of expertise will continue to be a key objective of the joint venture between S3 Graphics and VIA.'' ProSavage KM133 Features The ProSavage KM133 is a Shared Memory Architecture (SMA) chipset for the high-volume Value PC segment that integrates the VIA Apollo KT133 and the S3 Savage4 graphics core in a single, compact and cost-effective form. With a high speed 200 MHz Front Side Bus and supporting up to 2GB of the latest PC133 SDRAM and VC133 DRAM, the ProSavage KM133 is designed to optimize the performance of the full range of AMD Socket Athlon and Duron processors. The ProSavage KM133 integrates key graphics features such as AGP4X, 32-bit full color rendering, S3TC texture compression, multi-texturing, hardware motion compensation for high quality DVD playback, and flexible display options for TVs or DVI 1.0 compliant Digital Flat Panels. To provide OEMs and Systems Integrators with flexible future graphics upgrade options, the ProSavage KM133 also features and optional expansion port. In addition, the South Bridge offers AC-97 audio, MC-97 modem, Super I/O and ATA-66/100 support, networking or Home PNA, four USB ports, and LPC (Low Pin Count) bus, enabling the low cost integration of a full range of multimedia and communications features for AMD Duron processor-based Value PC systems. Key Features Supports AMD Athlon and AMD Duron processors 200MHz Front Side Bus Integrated S3 Graphics' Savage4 3D graphics engine External AGP4X expansion interface for optional graphics card upgrades Supports up to 2.0GB of 100/133MHz SDRAM and VCM memory types PCI 2.2 ATA 33/66/100 4 USB ports Integrated AC-Link for AC-97 audio and HSP Modem Integrated Super I/O and Hardware Monitoring Integrated KBC, RTC Integrated Network Controller to support either 10/100 Base-T Ethernet or 1/10MB Home PNA Supports AMD PowerNow(TM) and advanced system power management with ACPI and OnNow North Bridge: 552-pin BGA VT8365 South Bridge: 376-pin BGA VT8231 Pricing & Availability Samples of the ProSavage KM133 are available now, and the product will enter mass production in Q4 2000. The ProSavage KM133 is priced at $40 in OEM quantities. Motherboards featuring the ProSavage KM133 will be on display at the forthcoming VIA Technology Forums in Taipei on 20-21st September, Tokyo on 22nd September, Beijing on 25th September and Munich 27th September 2000. About S3 Graphics S3 Graphics, a division of S3 Incorporated, has signed a formal agreement to enter into a joint venture with VIA Technologies. S3 Graphics specializes in discrete and integrated graphics for the mobile and desktop market. The joint venture harnesses the product strengths of both companies combining S3's cutting-edge graphics and video capabilities with VIA's market-leading core logic chipset technology. S3 Graphics has already shipped its first integrated product with VIA, and is working to an exciting and aggressive roadmap of future product releases. About S3 Incorporated Relaunched as an Internet appliance company, S3 is focused on creating products and partnerships that help build the digital home. With significant financial assets, global marketing capabilities and a focused technology portfolio, that includes Rio(TM) digital audio players, HomeFree(TM) home networking solutions, internet access products, discrete and integrated graphics chips, and forthcoming information appliances, S3 is now set to relaunch itself as a leading innovator in the rapidly converging Internet and consumer device markets About VIA Technologies VIA Technologies, Inc is the world's leading fabless supplier of PC core logic chipsets, microprocessors, and multimedia and communications chips. VIA delivers value to the PC industry by designing, marketing, and selling high-performance VIA Apollo core logic chipsets for the full range of PC platforms, as well as cost-effective VIA Cyrix processors for Value PCs and Internet Appliances. Its customers include the world's top OEMs, mainboard manufacturers, and system integrators. VIA is headquartered in Taipei, Taiwan, at the center of the Greater China high-tech manufacturing engine, and has branch offices in the U.S., China and Europe. The company is listed on the Taiwan Stock Exchange (TSE2388), and achieved annual revenues of US$356 million in 1999. Except for historical information contained herein, the matters set forth in this press release, such as S3 Graphics', VIA Technologies' and AMD's industry leadership, ProSavage KM133's ability to deliver unrivalled competitive advantage, mass production date of Q4 2000 and price of $40 are forward-looking statements that are subject to risk and uncertainties, including the ability of S3 and VIA Technologies to transition smoothly the graphics chip operations to the joint venture, the ability of S3 and VIA Technologies to work with its strategic partners and S3 and VIA Technologies' strategic partners' business objectives, the impact of competitive products and pricing and of alternative technological advances, the ability of S3 and VIA Technologies to timely introduce products that address market demands, and other risks detailed from time to time in S3's SEC reports, including its quarterly report on Form 10-Q for the quarter ended June 30, 2000. Note to Editors: S3 is a registered trademark of S3 Incorporated. The S3 corporate logo and HomeFree are trademarks of S3 Incorporated. Rio is a trademark of RioPort.com, Inc. and is used by S3 under licenses from RioPort.com, Inc. Other marks referenced herein are the property of their respective owners. -------------------------------------------------------------------------------- Contact: S3 Graphics, Santa Clara (U.S. Press Contact) Paul Ayscough, 408/588-8000 payscough@s3.com or VIA Technologies, Taipei (Asia-Pacific Press Contact) Richard Brown, 886-2-2218-5452 ext. 6201 Richard_Brown@via.com.tw or Hypa Creative Ltd (UK Press Contact) Deborah Hermans, +44-208-742-8668 deb@hypacreative.com Email this story - View most popular stories emailed --------------------------------------------------------------------------------

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: John Nasser who wrote (14523)	9/18/2000 8:33:08 AM
From: Arthur Radley	of 14577

From home page here on SI.....S3 Greg Heard of the Greenspring Fund (800-366-3863), provides the following stock idea on S3 (SIII 10 1/2). Below is the write-up. S3 is the leading manufacturer of the portable MP3 player, a digital music player similar to a Walkman. Music can be downloaded from the Internet onto these MP3 music players, which are selling like hotcakes and are especially popular among teenagers. Chip Carlson of the Greenspring Fund mentions that S3 has entered into an agreement with Nike to manufacture MP3 devices. Within the next few weeks, Nike will begin marketing and selling their version of the MP3 player manufactured by S3. "Nike is planning a huge marketing blitz of its version of the MP3 player during the Olympics," says Carlson. "Nike's marketing efforts will definitely boost MP3 sales and S3 will directly benefit from this." Carlson adds that S3 sold its semiconductor manufacturing business to a Taiwan company called United Microelectronics (UMC), receiving stock in UMC for the deal. Using UMC's current market value, Carlson figures S3's stake in UMC is worth almost $800 million, or about $9 per share. "Those moves will allow S3 to be profitable by the fourth quarter of this year" Morgan Stanley just began an underwriting effort to list the UMC American Depository Receipts (ADRs) in the United States. Carlson notes that the ADRs of Taiwanese companies typically sell at a premium of 30 to 50 percent with respect to the stocks' value on the Taiwan Stock Exchange. The ADRs of Taiwan Semiconductor Manufacturing, the largest publicly traded company in Taiwan, trades at almost a 50-percent premium in relation to its value on the Taiwan Stock Exchange. UMC is the second largest publicly traded company in Taiwan. Carlson thinks the UMC ADRs could command a similar premium, with S3's stake possibly being worth in excess of $1 billion. S3 is in the middle of selling its nonprofitable graphics chip business in an announced deal that will fetch more than $200 million. The company is also shutting down its money-losing graphics board business. "Those moves will allow S3 to be profitable by the fourth quarter of this year," comments Carlson. Carlson figures S3 could earn 40 cents in 2001 and 80 to 85 cents in 2002. Given S3's MP3 business and its stake in UMC, this pro thinks shares of S3 are worth at least $20.

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: Arthur Radley who wrote (14524)	9/19/2000 1:23:33 PM
From: Calvin Scott	of 14577

Hello all, Haven't posted for quite a while but after reading the message from TexasDude I just have to add my two cents. First, all of us "old" timers have heard all the language in regards to the value of UMC. This has been going on since late 1997. Go back and check all the posts in regards to the "worth" of this investment. Comments such as "the third quarter will see huge gains", or "wait until the end of the first quarter" echo in my head. We have heard about the great "Diamond" acquisition and how the RIOPORT IPO will bring us all (pun intended) "diamonds" for Christmas. We have heard all about "book value" and how great a value it would be to purchase shares at or below this "book value" number, what ever it is at a given time. We have read how Hank Greenberg just loves to lay into this stock (man was he ever right) and now we are hearing how great a potential it is from the likes of Chip Carlson. Dan Scovel has given his blessing to S3 over and over again. Where the hell is he now? We have heard how Pots will be our savior and what a great move it was to get rid of Walt Amaral (he "resigned" to pursue "other" interests). How about those up-grades.....make that down-grades from all those great investment houses? How about the partnership with Dell, Nike, Dolby, Hollywood Records, etc.? The Via deal?.....(big deal)....... I would love to go on. I never thought I would become a basher but ENOUGH! FWIW, I have NO confidence in S3 or Pots. Every time things begin to look good........WHAM! More excuses and more promises of better financial performance. As far as I am concerned (and this is not an original idea) S3 would be better off selling ALL of it's components and assets and give everyone their fair share of what they get for it. Yes, that's right, sell off the company. We would all be better off and would not have to listen to any more bullshit from the idiots that are running (ruining) this company. Calvin Scott I guess I will go back to the joke page……although this (S3) is pretty funny………..HA HA (sob)

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

Previous 10 | Next 10

Copyright/IP Policy

Copyright © 1995-2013 Knight Sac Media. All rights reserved.