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Technology Stocks : SMSC Standard Microsystems

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To: thom who wrote (158)6/7/1997 6:55:00 PM
From: John Prugh   of 335
 
OK, Thom,
I admit that I am something of a novice, but what do you mean by "SMSC is a good company and a shitty stock"? Isn't it a fundamental principal of investing (well, maybe not momentum investing...) that you are buying a part of a company when you buy stock in that company. How can one buy SMSC stock and not be buying "good" stock if SMSC is a good company?
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