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Technology Stocks : Lattice Semiconductor

LSCC 62.49

-1.0%

Nov 6 3:59 PM EST

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To: William Grady who wrote (57)	6/5/1996 8:56:00 PM
From: E_K_S	of 339

No specific Company news...the sell off is profit taking in the whole industry. The only specific company news was yesterday with ALTERA announcement that their sales will be off...EVEN AFTER A PREVIOUS WARNING earlier this quarter. Look for more consolidation in the $32-$34 range. I believe the 200 day moving average was violated today $33 1/4 and technically it is going to take this stock some more time to establish a base level before another run through $35. This company is a long term play and has the potential to reach $55 as long as earnings and sales continue to grow at past levels. You can make money trading this stock, BUT the real big bucks will be made by holding this stock for 18 months or longer. EKS

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