Semtech Message Board - Msg: 3409055

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Technology Stocks : Semtech

SMTC 79.61

+1.7%

Dec 5 9:30 AM EST

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To: Todd D. Wiener who wrote (844)	2/11/1998 11:42:00 PM
From: Ron Kline	Read Replies (1) of 886

Todd, Thanks for your analysis on the semi-equipment stocks short term. I happen to believe that if the market stays up like it has these stocks will hold and not go down very much, and may even go up more. We have to remember that many stocks have been already discounted and that is why AMAT didn't go down a tad after the facts were out. If the market does turn down again then these stocks will consolidate. I'm betting that the market holds and there will not be nearly the ups and downs we've seen in the last months. Of course guessing the market is probably impossible and only time will tell what exactly happens. Do you see SMTC meeting, or beating estimates this quarter? Do you see them giving warnings for the second quarter? Ron

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