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

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To: PuddleGlum who wrote (260)7/23/1997 12:02:00 AM
From: Don Lloyd   of 754
 
Steve -<<Earnings in at $0.47 vs 0.40 last year. Analysts were looking for $0.48. The report seemed upbeat, but let's see what tomorrow brings...>>
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As Greg mentioned, the consensus was 46 cents, and Zack's did not have any above 46. In fact, however, the results would be 48 if the shares had been held constant. This was clearly above expectation as company guidance was for mid to high single digit sequential gains in revenues and earnings, vs actual of 9.5% and 10.1% respectively. The next quarter should be seasonally weaker, however, with lower sequential gains.
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Good Luck, Don
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