What do you think they will announce Monday? Certainly earnings will be bad, probably below expectations with the strong dollar and Asia problems. But that has already been factored into the current stock price.
I have a feeling something big will be announced. They just converted a long term asset into $72 million in cash. My guess is they are buying NINE (symbol is NINE). Heard Nine has nice products but needs cash and marketing of a company like S3.
Or maybe they will be bought themselves? Or they just freed up some cash to buy another company? My money is on the NINE purchase, heard rumors/speculations of this on Silicon Investor message board. The two companies could fit well together to sell more to the big computer sellers.
Any thoughts on other announcements that will be made Monday?
If you have Datek as your on line broker, it will give you the latest bid for the stock, today, the bid for S3 is 5 3/8, it seems like we will have a strong open on Monday. Any special event this coming Monday that you know or heard? pls info
I was thinking...it's pretty unusual for ALL of a industry to move in tandem, especially UP, in pre-opening trading...unless one is about to announce something BIG....Like a merger. Then others sometimes move also. Just a guess....probably not.