Jacob,
I don't hold any LLTC, but planning on take some position if its
price drops to or below low 30s...,
I agree with you that the turnaround is at least 1Q to 2Q away. Even
after the turn around, I don't think we will see another FY 1995 for a while. in FY'95, products were on allocation (some due to double
orders, false sales predications), this won't repeat until LLTC cann't deliver on timely basis with the current manufacturing capacity.
having said the above, I am long on LLTC, excellent company with
excellent products, in the long term, it should reward its shareholders very nicely. IMHO...
In short, I agree with everything in your posting.
Rgds,
-H.P.
With the exception of very few semiconductor companies (INTC, CHPS..) |
