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Technology Stocks : Linear Technology Corporation
LLTC 65.000.0%Mar 20 4:00 PM EDT

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To: Jay King who wrote (714)1/16/2001 6:03:34 PM
From: Howard Bennett  Read Replies (1) of 754
 
Them Earnin's is good (next quarter ok as well)

biz.yahoo.com

According to Robert H. Swanson, Chairman of the Board and CEO, ``Once again we had a strong financial performance. We achieved record levels of sales and profits with sales increasing 11% and profits 12% sequentially from the September quarter

Interestingly, gross bookings in this quarter still exceeded our net billings, however cancellations of some bookings from previous quarters caused our net bookings to be slightly less than our net billings. Nevertheless our backlog continues to be strong and demand for product in the near term appears to be firm. Consequently, we currently estimate that we will grow sales and profits sequentially in the 8%-10% range for this March quarter.''
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