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Technology Stocks : Semtech
SMTC 71.02+5.8%Dec 18 3:59 PM EST
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To: AreWeThereYet who wrote (741)1/28/1998 12:52:00 PM
From: Todd D. Wiener  Read Replies (2) of 886
 
Andy-

Competition is intense in the MPEG/DVD chip market. I don't know much about ZRAN specifically, but it may be a good idea to wait until sales begin to increase. If ZRAN's future is so bright, you'll have plenty of opportunity to buy the stock when its business begins to grow rapidly. It did beat estimates yesterday, though. Right now, it may be cheap, but there's no guarantee that it will return to its highs in the 20s, at least in the near future. These multimedia IC stocks are tricky.

I suggest you look for a second opinion, though.

Todd
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