SMSC Standard Microsystems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SMSC Standard Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fario who wrote (298)	9/18/1998 11:40:00 AM
From: KEN MATSON	Read Replies (2) of 335

Earnings will be released next Wed. or Thurs. according to the company. Company says they are currently profitable so would not expect any downside surprise. The possibility even exists for an upside move should things look good. Everything I read indicates demand for PC chips is where the action will be. SMSC sells 90% to this market, so looking ahead this could be a real winner. Assuming the company believes their own story, I think the smartest thing they could do would be to spend $30 million of their cash and buy stock at this level. In any case, there is just too much value for the stock to remain here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next