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

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To: victor fleury who wrote (250)4/17/1997 8:42:00 PM
From: Don Lloyd   of 754
 
Victor - <<The remaining questions are: i) how much growth will we actually have, ii) what valuation the street will give to LLTC. The all important analyst conference is tonight. Lets see what happens.>>

If you are referring to the conference call, that was Wednesday morning.
.
Your faith in Mr. Swanson seems well placed judging from history and the fact that the earnings releases seem to have not left material surprises for the
conference calls alone in the last few quarters. .
.
It seems a relatively safe bet to expect 25% annual growth going forward and
no significant margin pressures.
.
Robertson Stephens increased FY97 and FY98 estimates today to 1.70 and 2.12 respectively. ( from 1.65 and 2.05 ).
.
Regards, Don
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