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To: Stu Bishop who wrote (858)	2/14/1998 12:23:00 AM
From: Todd D. Wiener	Read Replies (1) \| Respond to of 886

Let me correct what I said a few minutes ago. If SMTC beats estimates and offers a strong outlook, the stock may rally to its high. If the earnings report is just good, but not blockbuster, the stock will pull back to ~$24. I said that there is resistance at $32. That's not correct. The resistance (and it's weak) is at $30-31. Stu- :o) is Jeff's trademark. T

To: Stu Bishop who wrote (858)	2/14/1998 12:45:00 AM
From: Ron Kline	Respond to of 886

Stu, I don't have much experience with SMTC but I have a feeling that SMTC seems to be very strong when the market is in a pretty good condition. I wanted to buy the stock when the market was in the middle of a bearish trend and it was very difficult to feel comfortable owning the stock. But ever since the market made a reversal a couple of weeks ago, the stock is acting very good. I really do believe that the worse is over for the volatility of SMTC and I would expect the stock to trade much more in an upward bias. There will be little corrections but the $18 range will not be tested again. The fact that the market is not really going down with all the uncertainties out there shows to me that the direction should be up for the next couple of months. Also look at the chart of SMTC in the $20 range and you can see big volume on the buy side. I agree with Todd that the highs will be seen sooner than later. Looking forward to see how they did in this last quarter.