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Technology Stocks : SMSC Standard Microsystems

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To: KEN MATSON who wrote (306)1/28/1999 11:26:00 AM
From: KEN MATSON  Read Replies (1) of 335
 
The fact that there has been no posts since Nov. 26th shows that there is almost total disinterest in this stock. It is an environment such as this that big gains can be made if things turn favorable.

The announcement yesterday of the new Fast Ethernet Controller is positive, and the price action over the past month has shown that there is institutional interest in the stock at this level.

I'm a longer term investor and I have done best by buying when something is really cheap and waiting for the inevitable turnaround. This is starting to look good to me.

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