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Technology Stocks : SMSC Standard Microsystems
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To: Fario who wrote (283)1/14/1998 8:48:00 AM
From: dwight vickers  Read Replies (1) of 335
 
Fario,

Volume has picked up and the late $8 7/8 print yesterday is a short term breakout.

Specifically, do you see the resistance at $10-$10 1/4? Not that this stock doesn't ignore support and resistance most of the time.

What's your take on the fundamental situation? Especially how SMSC is affected by Asia.

Dwight
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