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Technology Stocks : Semtech
SMTC 63.89+2.1%Nov 21 9:30 AM EST

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To: Todd D. Wiener who wrote (647)12/26/1997 6:01:00 PM
From: Jeff Bond  Read Replies (1) of 886
 
Thank you Todd. This is the type of information I was looking for. I will do some figuring on cash flow for ACRT.

"The little mouse that roared" should provide a nice profit on your purchase today. It is a good lesson in patience, and the value it provides. At the time, when I bought additional shares at $47 1/4, I figured that was a good buy.

It appears semiconductor corrections affect all issues, and the time to buy more shares is not in the original downdraft. In hindsight, I can see the value in exercising a little more patience. Great company, bad timing: that's something I can fix with a little more experience!

I received what appears to be an excellent book on T/A for Christmas, it's called "Technical Analysis Explained", authored by Martin J. Pring. Is this the book you had recommended earlier?

Regards, JB

P.S. What do you think of ETEC?
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