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

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To: EepOpp who wrote (325)12/15/1997 3:45:00 PM
From: PuddleGlum  Read Replies (1) of 754
 
Will-
I should have stuck with my 100 times quarterly earnings target. As it stands, I'm down about $7K on my recent purchases of this stock. Anyway, today is showing a strong bottoming signal. We opened around 55, went as low as 49, and now we're almost all the way back. Also, some of the semi equipment makers got downgraded today but they're (NVLS, AMAT, etc.) up nicely. Short term, I'd say this looks like a bottom. But it's the medium term that I'm worried about... for the market as a whole, anyway.

Steve
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