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Technology Stocks : SMSC Standard Microsystems

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To: N. Voloshin who wrote (25)	10/25/1996 5:53:00 PM
From: peter lo	of 335

yes, the EPS by ROb/St. is not right. It is at least off $.30 for next quarter. It is a steal at this price. I don't think the price will stay here ($12.5) for more than one week. It will move to $13.50 soon. It is worth to sell Nov put since the down side risk is small. Right now the put premuim is $9/16 for strike price $12.5. Peter

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