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

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To: Don Lloyd who wrote (433)6/17/1998 10:39:00 PM
From: Time Traveler  Read Replies (1) of 754
 
>>Guidance<<

In last paragraph of the quarterly report, Swanson (CEO) said

"In summary, this was a good March quarter for us culminating in record return, on sales of 37.4%. Sales increased in each of our major end markets: industrial, communications and computer with communications being the strongest. Recent difficulties experienced by some technology companies regarding slowing demand in Asia and in computer markets worldwide have us cautious going forward. However our product innovation and end-market diversity should offer us continued success as we provide analog solutions for the market place."

The communication market is still growing like crazy with high profit margin. Swanson's statement is very optimistic to me. Still no reason for the stock to lose 20% of its value in a week or so, just because Burr Brown's earning was cut by $0.01 out of $0.28!

Sorry to be griping, but with all due respect, do you work for Linear Technology?

Regards,
Time Traveler
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