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To: Todd D. Wiener who wrote (601)12/14/1997 10:28:00 PM
From: Ron Kline  Respond to of 886
 
"In SMTC's case, it goes up, up, up, down, down, down, up, up, up, up, up, up, down, down..."

Sounds like SMTC has changed to be a little more complicated than before. When I first started looking at it it was easy to figure out.

up,up,up,up,up,up,up,up,up.......

Who had to spoil the party?

Sorry it's probably not a good time to make stupid jokes. Thanks again for you help on support levels and trend lines with SMTC and AMAT. I'll keep watching, and even though I don't own either stock I really do hope we have good rebounds this week. My other techs need it also.

Thanks,
Ron



To: Todd D. Wiener who wrote (601)12/15/1997 2:07:00 PM
From: Dave Hanson  Read Replies (2) | Respond to of 886
 
Todd, do you have any other info or informed opinion on how the "strongly negative fundamental news" that's been released in recent days should effect SMTC?

I must admit to feeling a bit shell-shocked by the trading in recent days. If it's simply the customary volitility of the stock being amplified by Asian flu fear and tech company warnings generally, no problem--I'll gladly hold, notwithstanding the now 25% loss since buying at 50.5 3 days ago. Selling on fear rather than fact should bottom out reasonably soon. But with no long-term cap gain tax issues to consider, I am wondering if there's any point where it may be prudent to cut losses.

Any thoughts welcome, from you or others.

Best,

Dave