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

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To: H.P. Yee who wrote (154)10/25/1996 11:41:00 PM
From: Jacob S. Rosenberg   of 754
 
Interesting comparison with competitors.
The thing that bothers me is that Linear Technology has 'improved'
to flat earnings and the president of the company indicates that
the immediate future is unpredictable. I was bullish on the firm,
but that was before they posted their earnings. They made the
estimate of 40 cents per share but investors, probably
institutions, judging by the volume, wanted more. After all, LLTC
has been a big winner in recent years. Yes it is a well-run firm,
but a tough business environment can be a challenge for even the
best managements. I'm holding onto the vast bulk of my shares
of LLTC, because of the firm's excellent track record, their new
production facilities and their large catalogue of patents. Do
I see a 'fast' turnaround? No.

Regards,

Jacob Rosenberg
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