SMSC Standard Microsystems Message Board

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Technology Stocks : SMSC Standard Microsystems

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To: Robert Salasidis who wrote (11)	9/29/1996 7:33:00 PM
From: The Thrifty Investor	of 335

I decided to take profit last week and sold SMSC at $14.125. I noticed that they had settled a law suit and that this will result in a charge for the next quarter. Possibly they will have better earnings after that; however, they have chosen to put a lot of their resources into the hot networking sectors. It appears to me that the leaders in this segment are making all of the money. It will be hard to come in at this point and acheive good market share. I wish SMSC good luck in taking on 3COM, Cabletron Systems, and Cisco. However, for now I have better places to put my money.

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