STANDARD MICROSYSTEMS CORPORATION (NASDAQ:SMSC), Down By 16.47% ($4.29) From $26.050 After BUYINS.NET Report Predicted Stock Wo
August 5, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, July 11th 2011 stating that STANDARD MICROSYSTEMS CORPORATION (NASDAQ:SMSC) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/tools/symbol_stats.php?sym=smsc
At the time this story was written, STANDARD MICROSYSTEMS CORPORATION (NASDAQ:SMSC) is Down By $4.29 (16.47%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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STANDARD MICROSYSTEMS CORPORATION (NASDAQ:SMSC) - Standard Microsystems Corporation engages in the design and sale of silicon-based integrated circuits that utilize analog and mixed-signal technologies. The company offers USB 2.0 hub controllers and combination hub/flash memory card reader products; USB 2.0 flash memory card readers; USB-to-Ethernet controllers; 10 Mbps,100 Mbps, and 1 Gbps Ethernet controllers and transceivers, as well as software drivers for consumer electronics and industrial applications; network multimedia processing engines that supports audio/video streams, software protocol stack management, and security; and embedded communications products for wireless base stations, copiers, building automation, robotics, gaming machines, and industrial applications. It also provides embedded Ethernet switches; embedded controllers for original equipment manufacturers, original design manufacturers, and PC designers; I/O controllers; and x86-based server solutions. In addition, the company develops analog products for computing, consumer, and industrial applications; portable products designed for smart phones, personal digital assistants, and other handheld mobile devices; and automotive products. Further, Standard Microsystems Corporation markets Media Local Bus, a chip interconnect technology; and system design and diagnostic tool products. Its products provide connectivity, networking, or input/output control solutions for various communication, computer and related peripheral, consumer electronics, industrial control systems, or automotive information applications. The company sells its products through direct sales force, third party sales representatives, and distributors. It has operations in the United States, Canada, Germany, Bulgaria, Sweden, India, Japan, China, Korea, Singapore, and Taiwan. The company was founded in 1971 and is headquartered in Hauppauge, New York.
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