Semtech Message Board - Msg: 2969494

STOCKTALK

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Technology Stocks : Semtech

SMTC 73.44

+2.3%

Nov 26 3:59 PM EST

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To: Todd D. Wiener who wrote (601)	12/15/1997 2:07:00 PM
From: Dave Hanson	Read Replies (2) of 886

Todd, do you have any other info or informed opinion on how the "strongly negative fundamental news" that's been released in recent days should effect SMTC? I must admit to feeling a bit shell-shocked by the trading in recent days. If it's simply the customary volitility of the stock being amplified by Asian flu fear and tech company warnings generally, no problem--I'll gladly hold, notwithstanding the now 25% loss since buying at 50.5 3 days ago. Selling on fear rather than fact should bottom out reasonably soon. But with no long-term cap gain tax issues to consider, I am wondering if there's any point where it may be prudent to cut losses. Any thoughts welcome, from you or others. Best, Dave

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