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Technology Stocks : SMSC Standard Microsystems

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To: jelrod3 who wrote (206)9/10/1997 9:00:00 AM
From: dwight vickers   of 335
 
jelrod3,

The good news is the stock has run up quite a lot since Intel got involved.

The stock has since corrected back into support and is holding so far. There was some good block action last week on the buy side.

I don't pay a lot of attention to the brokerage recommendations, but I wouldn't mind reading a good analysis myself.

What I would really like to see is management put some of their own money into the stock. That would be a good sign that better days are coming.

If they have no confidence in their abilities to "enhance shareholder value", maybe they should get out of Dodge and turn it over to someone who can.

Dwight
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