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Technology Stocks : Linear Technology Corporation

LLTC 65.00

0.0%

Mar 20 5:00 PM EST

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To: csm who wrote (307)	10/28/1997 2:49:00 PM
From: PuddleGlum	Read Replies (1) of 754

No, Stu, I don't have a fixed exit point, but 200x quarterly earnings would be getting pretty scary. I would have sold more in the 70's but my wife also looooves LLTC. You'll have your entry points, to be sure, once every year or so, but I'll get entry points a couple times per year. I guess it's really a difference of terminology between us, because 20x current earnings is your version of "bargain", and 100x quarterly eps is mine. BTW, do you have a read on that press release that was just posted? It looks good to me, but I am not in a position to know if it is really significant, except in that I believe that a lot of superconductor companies are doing similar things for a lot more money. Steve

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