Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: If only I'd held who wrote (9465)	8/22/2000 8:33:40 PM
From: wannaBrich	Read Replies (2) \| Respond to of 24256

SMTC: Please check this out, seems like a winner. biz.yahoo.com Semtech Corporation (Nasdaq:SMTC - news) a leading supplier of analog and mixed-signal semiconductors for communications, computers, and industrial systems, today announced record net sales, gross margin and net income for the second quarter ended July 30, 2000. Net sales for the second quarter of fiscal year 2001 were $60.6 million, an increase of 59 percent over comparable prior year second quarter net sales of $38.3 million. Net income for the second quarter of fiscal year 2001 was $13.7 million or $0.36 per diluted share, an increase of 121 percent over net income of $6.2 million, or $0.18 per diluted share in the second quarter of last fiscal year. NEWBURY PARK, Calif.--(BUSINESS WIRE)--Aug. 22, 2000--Semtech Corporation (Nasdaq:SMTC - news)a leading supplier of analog and mixed-signal semiconductors for communications, computers, and industrial systems, today announced a two-for-one stock split. Semtech's Board of Directors has approved a two-for-one stock split in the form of a 100 percent stock dividend. Shareholders of record on Sept. 5, 2000, will be issued a certificate representing one additional share of common stock for each share of common stock held on the record date. The additional shares will be mailed or delivered on or about Sept. 25, 2000, by the Company's transfer agent. It is expected that the outstanding common stock will begin to trade on a post-split basis on Sept. 26, 2000. Separately, Semtech today announced record net sales, gross margin and net income for the second quarter ended July 30, 2000. Second quarter net sales were up 59 percent and net income was up 121 percent, year-over-year. New orders for the second quarter of fiscal year 2001 increased 16 percent over the prior quarter. About Semtech Semtech Corporation is a leading supplier of power management, transient protection, system management, high-performance, and advanced communications semiconductor products for portable and high-speed communications applications. Publicly traded since 1967, Semtech is listed on the Nasdaq National Market under the symbol SMTC.

To: If only I'd held who wrote (9465)	8/22/2000 11:35:26 PM
From: Bill on the Hill	Read Replies (2) \| Respond to of 24256

I sold DSLN because I just could not believe the momentum would carry over. Simply got a little less than a double in a day. Your statement that momo is back just about tells the tale. NSTL is another I hold and my next daily double. Looking at NEOF. Buying in the AM. Gut feeling on the internet b2b timing. Please don't laugh.... last three days I played RDRT, DSTL and now NSTL. Swing while they are throwing them down the middle. Have not posted here before but if you all don't mind I would like to watch closely and join in from time to time. Promise I will clean up after myself. Bill