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

To: Jeff Bond who wrote (652)	11/17/1998 10:09:00 PM
From: John Morrison	Read Replies (1) \| Respond to of 1225

Buyers and Holders are waiting for earnings announcement. I noticed this morning that it was down 1 on 11000 shares. Float is not large but that is unreal and is likely Dealer manipulation to pick up cheap shares (Stop losses and Margin Calls). If summer orders were up by more than 50%, when would the corresponding revenues hit the books? SMTC regularly (historically) beats estimates. Those summer orders are going to help sometime. Do you know if the company is buying back their shares? If so, that too helps the earnings statement.