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Technology Stocks : SMSC Standard Microsystems
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To: John Goode who wrote (47)11/11/1996 2:07:00 PM
From: Sunny Jim   of 335
 
I also look at the inventory number,but have concluded that $71 million in inventory isn't all that bad for an electronics company shipping $90-100 million per quarter. They could have some dead inventory, but I wouldn't expect is to be more than $10-15 million at worst (approx. $1 per share). Since I am speaking from general opinion rather than specific knowledge, anybody with more direct knowledge of the company, please share your opinions.
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