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Technology Stocks : Semtech (Nasdaq:SMTC)
SMTC 75.63-0.4%Dec 24 12:59 PM EST

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To: jbe who wrote (1137)8/23/2000 5:04:15 PM
From: Jeff Bond  Read Replies (3) of 1225
 
SMTC will most likely buy another company with the money. Splits and acquisitions seem to go hand in hand for SMTC. This company is a HARD-CORE no debt company, never had it before the debentures.

If for some strange reason they do not consumate a deal, they will most likely be buying key technology for future growth or R&D purposes. This is a NO-NONSENSE management team, just look back to see what is left of Corpus Christi, and you'll quickly understand if it is not cutting the grade, they will not hesitate to chop it.

Regards, JB

P.S. Leeza, notes, thoughts?
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