Logic Devices: Ready to come out of the doghouse? Message Board

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Technology Stocks : Logic Devices: Ready to come out of the doghouse?

LOGC 7.630

+1.1%

Nov 3 3:59 PM EST

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To: Gary105 who wrote (13)	8/11/1997 10:37:00 PM
From: Hedge	of 94

With regard to LOGC trying to avoid supplier disruption the argument is extremely plausable. This company completely missed the upturn in SRAM prices 2 years ago because they couldn't get wafers.With a spate of new products coming it is only sensible not to risk shortages. If you look at the inventory numbers 9 mil. of the 13 mil. is raw materials or work in process. The DSP business itself is fairly inventory intensive and Bill Volz has actually done a good job of keeping this company out of serious trouble. With new products now coming on stream they appear to be out of the woods. You also might be interested to know that LOGC was mentioned on First Call today. Phil Erlanger (Edison Research)issued an alert for a short squeeze in this stock. I guess the guy or guys who are short 668,371 shares have a little problem on their hands given the average daily trading volume!

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