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Technology Stocks : Semtech (Nasdaq:SMTC)

SMTC 65.44

-3.2%

Nov 14 9:30 AM EST

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To: Leeza Rodriguez who wrote (901)	10/31/1999 1:18:00 AM
From: TimeToMakeTheInvs	Read Replies (1) of 1225

Good point re market cap Leeza! As a fine company like Semtech grows you move up from one index to another also (eg Citrix). Guess you saw the SAI report which sees semiconductor sales going up 21% in 2000, 20% in 2001, and 12% in 2002. When Semtech pulls back, like recently, I just write a couple puts on it. Am looking forward to earnings. The majority of other chip stocks have been reporting ahead of expectations, especially communications semi. cos. (an area SMTC has been increasing its participation in). Intel just announced a slew of faster chips. Todd, Jeff, and others on this thread used to point out that faster CPUs generally worked at lower power levels, and this would require more Semtech products. Are you still concerned with the power grid around the new year? Good luck, tim

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