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Technology Stocks : SMSC Standard Microsystems

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To: Judy Cohen who wrote (275)12/3/1997 6:11:00 PM
From: dwight vickers  Read Replies (1) of 335
 
Judy,

No doubt about it. But even so we should have more sideways with the potential of $12.50 or so.

But to be honest with you Head and Shoulders are the most recognized and least useful chart formation I've ever seen.

The book value of SMSC should keep us from having to worry about its negative aspect.

Dwight
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