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

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To: Don Lloyd who wrote (302)10/24/1997 9:06:00 PM
From: PuddleGlum  Read Replies (2) of 754
 
Don-
But in a panic people and institutions will sell anything.

I think we will find a bottom at 55-57, based on earlier support.

Traditionally, this co. has been bargain-priced at about 100x forward quarterly earnings. That means this one looks very attractive below $55.

Doesn't this crash look a lot like last April? Wonder if the recovery will be as easy. Customarily, just when I start to feel good about my portfolio is when I should sell, and when it starts really hurting I should buy. Yesterday I was hurting, but today I'm numb.

Steve
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