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Technology Stocks : Lattice Semiconductor
LSCC 63.14-0.3%Nov 5 3:59 PM EST
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To: E_K_S who wrote (146)11/23/1996 6:51:00 AM
From: Webb B Blackman Jr   of 339
 
Hi Webb: Where did you hear that LSCC earnings were not going
to rise next year? From an analyst of the Company?

Eric,
Unless I misread the information, I thought it was from the Zacks area on Quotes.com The concensus of estimates was something like $1.95 per share for both 1996 and 1997. I had read that earning were to be higher in 1998, but that is way into the future.

Also, I thought that I read that the P/E ratio of Lattice was above the norm for stocks in a similar industry group. I note that the stock was up sharply yesterday (Friday) which is great. The question is will it remain at those levels or drop lower before eventually going higher. I never meant to say that the stock would not be higher in the future, I just questioned why it should be much higher at the present time.
--- webb ---
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