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Technology Stocks : SMSC Standard Microsystems

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To: The Thrifty Investor who wrote (12)9/29/1996 9:07:00 PM
From: Robert Salasidis   of 335
 
Well you must have bought at the low if selling at 14 makes you a profit. Either way, I will hold on as I like the new products that SMC has brought out, including low cost 10 and 100 Mbs ethernet hubs and switches. As well their entry into the ATM a while back, and their participation in the upcoming 1Gbs ethernet should all bode well for the future. In addition, their new efforts at supporting the VAR channel (which is their main business) is helping them - as evidenced in the latest issue of VAR Business (3Com still wins - but they are 3rd - closely behing Intel).
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