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


To: pham who wrote (612)10/9/1998 7:21:00 AM
From: Dave  Read Replies (1) | Respond to of 1225
 
Pham,

No, I was going to shift some of my funds from THQI, which I am a little heavy on, to SMTC, but I had to run out for a meeting all afternoon. When I got home, it had closed just above $15. I may try to get in today if there is any weakness. Either way, it's probably a good buy. I do wonder, if the 3Q earnings are low, if we'll get a dip and another chance to buy there. Seems that things should start looking up in early 1999. At least that would be the plan barring any global meltdown. This market really sucks. I've turned to some day trading and position trading on a few of the companies I seem to know well. Lately, that seems to be the only way to make some gains. I wish it wasn't all mostly in my IRA/401k so I could short some stocks.

Regards,

Dave