SMSC Standard Microsystems Message Board

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Technology Stocks : SMSC Standard Microsystems

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To: thom who wrote (104)	2/4/1997 9:10:00 AM
From: dwight vickers	of 335

Thom, You hit the nail on the head. "Cheap" will only help if they're making money. It does support us on the downside as long as they don't start massively bleeding cash. They ought to be able to make money in this environment. If not they should be looking for someone to buy them. Bad news is that they have shown themselves to be more interested in saving their jobs rather than enhancing shareholder value. Management that doesn't own a lot of stock, hard to expect more. Dwight

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