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Technology Stocks : SMSC Standard Microsystems

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To: Fario who wrote (301)9/23/1998 9:16:00 PM
From: Robert Salasidis  Read Replies (1) of 335
 
Factoring out the interest earnings (after taxes), they made at least .02 from their operations - margins have improved as well, and the Christmas season is coming up - hopefully we sill see some improvement in the days to come.

The street seemed to like the result. Volume a little light, but it did close on the bid at the high of the day.
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