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

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To: Time Traveler who wrote (455)6/24/1998 3:24:00 AM
From: Don Lloyd  Read Replies (1) of 754
 
<<... have you noticed the volume is rather low (below average) while the stock jumped more than $4? What is comment on this? >>

Yes. My interpretation is that most of the near term potential sellers have been driven out by the extended fall. This makes it much easier for the stock to move up with the market. This also means that there has been no fundamental improvement associated with the rise, and any forthcoming weakness in the market will also be reflected in the stock.

Regards, Don
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