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To: Ron McKinnon who wrote (26682)	11/12/2000 10:14:41 AM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 53068

Here is the info on SMTC Earning out on Nov. 16 so this week should be interesting. no warning yet so appears they will at least meet the number. est is $0.21 vs $0.12 last yr. a 75% increase. YR01 est. 0.79 current PE 31. EPS growth rate forecast next yr ~40% profit margin 20%, market cap $1.64B, 52 wk change 0.3% vs an average of -26% for the competition in the same sector. 52 week low 20 3/16 hit on Dec. 15, '99. hit 52 week hit of 60 this past Aug. stock is trading below both the 50 and 200 DMA(but what tech isn't?). The positive earnings results and outlook has not help the price at all. so IMO, the stock is a great value here. since the price has been in a downward cycle and the sector out-of-favor i have not added any recently. figured let the stock bottom out and market conditions improve first. earnings will be key. a positive surprise and confident outlook into next year will likely give the stock price a boost. don't look for a big surge until the overall market conditions go positive. looking out 3-4 months from now i would expect a nice move to the upside. company has beat the est. 6 out of past 7 qrts. the 3rd and 4th qrts has typically been the best. Semtech Ranked #10 on Forbes 200 Best Small Companies With an Average 40% Annual Growth Rate, Semtech Moves Up the List NEWBURY PARK, Calif., October 23, 2000 - Semtech Corp. (Nasdaq: SMTC) a leading supplier of mixed-signal semiconductors for communications, computers, and industrial equipment, is proud to announce its #10 ranking in Forbes 2000 listing of the 200 Best Small Companies in America, moving up from #81 in 1999. In order to make the Forbes list, companies must clear a series of tough hurdles, including five-year sales and earnings-per-share (EPS) growth rates of at least 5%, and net income which must have topped $1 million during the past four quarters. “Semtech has had a compounded annual growth rate (CAGR) of 38% over the past five years,” said John D. “Jack” Poe, chairman and CEO of Semtech Corp. “Inclusion in the Forbes list for the 3rd year in a row, epitomizes the company’s value and growth, while reminding us that we won’t qualify as a small company for much longer.”