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

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To: Chucky who wrote (659)8/5/1999 1:21:00 AM
From: Greg Thornton  Read Replies (1) of 754
 
Chucky,

I don't remember a blowout quarter for LLTC, but in November of 1995 MXIM reported Q1-96 EPS of $0.64 vs expectations of $0.48 (that would be $0.16 vs $0.12 after accounting for splits). That is a 33% upside surprise. The stock took a beating at the time, however, because analysts were so far off in their numbers and they had to blame someone (certainly not themselves). Looking back, they created a hell of a buying opportunity!

This was around the same time that Jack Gifford appeared on CNBC's Squawk Box and was bullied by the crew there. Note that he has not been back since.

Greg
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