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

To: Leeza Rodriguez who wrote (623)	10/23/1998 7:45:00 PM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 1225

Today mark's a milestone for SMTC: $20 broke a 4 1/2 month drought. The $20 price, thought to be extinct, has not been seen June 10. The stock has broken the $18 resistance level. Also the price is up 100% from the low back in August. Today's upgrade in the sector is a definite positive. Many of the beaten down stocks have hit bottom and are on a rapid recovery. For example TER has made a remarkable comeback...doubling in just 2 1/2 weeks! (15 to 30) biz.yahoo.com biz.yahoo.com The view that the sector has turned the corner is likely to support a higher stock price. Kelvin