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Technology Stocks : Microchip technology (MCHP)
MCHP 50.94+3.9%Nov 21 3:59 PM EST

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To: Marc D. who wrote (295)4/1/1998 11:30:00 PM
From: Clint E.  Read Replies (2) of 475
 
Marc, the press release looked good. The worst is almost over, especially with new design wins in the last two qtrs. Market makers won't let it drop too badly since MCHP still has ~300K puts to repurchase by this Summer. It will get yanked back up swiftly.

Safe to bottom fish tomorrow, IMO.

Good luck;

Clint
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