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Technology Stocks : Linear Technology Corporation
LLTC 65.000.0%Mar 20 5:00 PM EST

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To: Don Lloyd who wrote (747)8/14/2002 6:37:29 AM
From: Don Lloyd   of 754
 
thestreet.com

"If we return to a world where buying companies with good business models matters, I think analog stocks will bubble to the top and memory will go to the bottom," says Banc of America analyst Douglas Lee.

He described Linear Technology as "the best-run company I've ever come across" out of some 40 companies he's covered over the past seven years. Linear boasts gross margins of 74%, with net margins of 39%.

"In the midst of the worst chip downturn in the history of the industry, that's unbelievable," says Lee. "They have net profit margins that rival software companies."

Regards, Don
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