ADI - Analog Devices vs. LLTC Linear Technology Message Board

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Technology Stocks : ADI - Analog Devices vs. LLTC Linear Technology

LLTC 65.00

0.0%

Mar 20 5:00 PM EST

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From: Steve Morytko	4/18/1996 4:33:00 AM
	of 39

I wonder if LLTC's 17% drop on 12M share volume(1.1M avg) had anything to do with ADI's move? ADI volume was quite high at 4M shares. Analysts suggested that 4Q (June) revenues might fall 15% in a conference call. LLTC posted earnings of .48 vs .28 year ago (+.01 of the First Call est.). Analysts cited high inventory, weak demand, aggressive competitor pricing, and dependencies on telecom and pc sectors as problems for 4Q. No comment from LLTC. Source: WSJ online. From the volume you'd have to think some big players are getting out but, of course, some others are getting in.

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