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Technology Stocks : SMSC Standard Microsystems

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To: Jim Fisher who wrote (43)11/10/1996 12:09:00 PM
From: John Arslanian   of 335
 
Jim,
I also bought the stock on Friday at 8 5/8. I was encouraged that it
touched 8 3/8 and did not break its previous low. I think the
company is a steal at this price. I know the news has been bad lately
but the key is to Buy low/Sell high.

I just downloaded the 96 Annual Report from the company's web site
(www.smc.com), will keep you posted.

Good Luck to all,

John.
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