Semtech (Nasdaq:SMTC) Message Board

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Technology Stocks : Semtech (Nasdaq:SMTC)

SMTC 67.60

-5.7%

Nov 13 3:59 PM EST

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To: Jeff Bond who wrote (927)	12/4/1999 7:35:00 PM
From: John Morrison	Read Replies (1) of 1225

If you were on the board and you announced a 10 million stock buy back in July, aren't you thinking July price or near it? The stock doubled since then so is it not unreasonable to end the program? Present company excepted, it is those who would like to buy at a lower price who would even try to make a negative out of nothing -- they have to because real negatives are hard to find. SMTC generally has a very low short interest. Your stock looks fine. Both have been following the semi indexes and the NASDAQ 100 fairly closely lately. I cleared a foot of snow off the driveway today. It is Christmas-y here.

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