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Technology Stocks : Logic Devices

LOGC 7.880

+0.4%

Jan 22 9:30 AM EST

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To: Winner Victorious who wrote (24)	1/5/1996 12:06:00 AM
From: bob grossmann	of 141

talked with mgt on wed the 3rd. Summary is that they see solid orders and the first inklings of supplies. It's early to say how the year will come out but preliminarily it looks like about $22 mill in Digital Signal Processing shipments and about $13 mill. in SRAM shipments (nothing to the PC market incidentally). As of now it looks easy for the company to double revenues and earnings in '96 over '95. This means about $35 mill in revs up from $17.5 and EPS of $0.70 up from $0.35. Also look for the company to hire first line PR to tell their powerful story to the world. There are numeropus kickers which could drive the numbers significantly higher but too early to talk about them. Stock hit a new recent low of $6 and appears quite cheap. Hope that's helpful Bob

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