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Technology Stocks : Semtech
SMTC 79.39-0.3%2:27 PM EST

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To: john mcgourthy jr who wrote (358)10/22/1997 7:55:00 PM
From: Todd D. Wiener  Read Replies (1) of 886
 
SMTC has closed above its 50-day MA again. It has also broken the downtrend that saw it fall from $72 to $51. Isn't it nice to see the renewed buying interest? It's amazing what a little correction will do. We should be at our old highs within the next couple of weeks. I believe that SMTC will have another analyst before year-end.

Todd
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