Semtech (Nasdaq:SMTC) Message Board

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Technology Stocks : Semtech (Nasdaq:SMTC)

SMTC 77.79

+7.8%

Jan 9 9:30 AM EST

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To: Si_Detective who wrote (1170)	11/17/2000 9:44:08 AM
From: Kelvin Taylor	Read Replies (1) of 1225

some weakness right now. will prove to be buying op. Analog and mixed-signal semiconductors supplier Semtech (SMTC) reported third-quarter earnings of $16.8 million, or 22 cents a share, compared with $8.4 million, or 12 cents a share. According to First Call, analysts expected a profit of 21 cents a share. Revenue for the quarter increased to $69 million, an increase of 47 percent compared with last year. Based on current backlog and forecasts from customers, the company expects revenue for the year to grow 50 percent compared with last year. Shares gave back 56 cents to $29.69 on Thursday.

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