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Technology Stocks : SMSC Standard Microsystems

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To: Daniel Mott who wrote (31)11/2/1996 4:55:00 AM
From: N. Voloshin   of 335
 
Hi to everybody!
We are being screwed again by Wall Street Insiders!
I usually speak w/Co. mgmt once a week. And just last week I was
told that everything is fine. I found out about 11:00 AM PT that SMSC
is going show a loss. There were delays in Asia due to shortage of
Intel"s PC6, and subsequently orders for I/O were pushed out.
On the positive note, today were a lot of short selling. Funny, starting about 9:00 AM PT for every uptick was sale. Furthermore,
at about 10:00 AM PT there were 145 and 100 NOV. 12 1/2 sold on two
dif. exchanges. Premium, shrunk midmorning to almost nothing which
leads me to believe that Mkt. Makers knew what was happing. Some
Mkt. Makers are Rob. St; Paine Web; H&Q.
I know that Co's mgmt. is going to call me back on Monday Morning.
I hope that there is something positive they have to say.
I am FUCKING FURUIOUS!
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