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Technology Stocks : SMSC Standard Microsystems

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To: michael c. dodge who wrote (130)3/17/1997 8:40:00 AM
From: dwight vickers   of 335
 
My own opinion is that anyone in upper management leaving is good for
shareholders. Problem is the ones who are left.

Proves again that it's important for management to have a substantial
investment in stock to make sure that shareholder interest is put
before management's.

There is an SC13G SEC filing from Feb. 13 that shows Smith Barney
Holdings owning 6.2% of the stock, and Travelers owning 6.4%. Anyone
know if they've owned this much in the past or is this value investing
on their part? I know they've been buying NOVL also, which is almost
as depressed.

Dwight

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