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

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To: Barbara Hospel who wrote (172)11/26/1996 3:56:00 PM
From: Chucky   of 754
 
Barbara
From what I have seen of S&P reports they only use
annual eps growth and get a matching PE to asses
"fair value." I think that is a pretty common practice,
and since the flatter earnings aren't completely in the
trailing year's earnings the fair value is still relatively
high. At least this is my understanding, but if it's
wrong I would like to be enlightened.
Hopefully these analog semis will start increasing
their consecutive quarter earnings again.
Chucky
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