SMSC Standard Microsystems Message Board

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Technology Stocks : SMSC Standard Microsystems

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To: peter lo who wrote (16)	10/18/1996 5:17:00 PM
From: Robert Salasidis	of 335

That's a good size number of shares. My omega research WSA program reports that short term the trend is down, but longer term it is still up. The last few days have not been that good though, but they have been low volume down days. CCI approaching bearish territory MACD is short term bearish long term bullish Personally I have not added any shares, but continue to believe taht the networking products they have recently introduced are excellent (at least on paper), and that should eventaully be reflected in their stock price. As long as they continue to make money, and their book vlue is higher than the current share price, I don't see a whole lot of downside risk.

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