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Technology Stocks : Vishay Intertechnology
VSH 16.91+0.2%10:43 AM EDT
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To: Russell Simpson who wrote (22)12/20/1996 11:20:00 PM
From: Teddy Harton   of 39
 
Earnings-Feb.5th. Earnings down due to excess distributor
inventory which has existed for over a year. I talked to
B. Fries and D. Grub (Dir. of inv. relations and cfo respectively).
Company BTB was greater than 1 in Nov. Outlook is improving. Yes,
commodity medium tech items but not the serious pricing pressure
meltdown experienced by DRAM producers. Probably undervalued as
market cap has been halved but up to company and earnings to again
prove itself moving forward after several disappointing quarters.
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