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Technology Stocks : Semtech (Nasdaq:SMTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Bond who wrote (1034)	2/23/2000 9:10:00 PM
From: Dennis K. Showers	Respond to of 1225

I have been watching us form an ascending triangle pattern over the last month. Someone was selling shares at around 70. It seems that the selling is done and as Jeff indicated, as soon as we cleared that level the price took off and it did it with high volume. I feel that we have put in new support at 70 and that the stock may rally from here. For the past year the stock has been acting very healthily. Each sharp move up has been accompanied by a nice correction and consolidation period before it moves to a new level. Whitetail