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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (9782)	5/23/2001 10:42:42 PM
From: Kelvin Taylor	Read Replies (2) of 19633

Here is another short to consider. SMTC -15% today. After this warning next stop mid 20's SMTC, a semiconductor products maker, reported on Tuesday fiscal first-quarter earnings that matched analysts' average estimate of 18 cents a share, but warned that results would fall short in the second quarter amid continued weak market conditions. The current Thomson Financial/First Call estimate for the company's fiscal second quarter is 15 cents, but Semtech said Tuesday it expects earnings of 6-7 cents a diluted share, before one-time costs.

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