<<Since LLTC parts are higher priced, Asians tend to stay away. That means this Asian flu should not affect LLTC very much, and the last quarter's earning did show.>>
I'm sure that LLTC would say that their parts are of higher value, broadly defined, to their customers, not placing the emphasis on the fact that they are also higher priced. -g-
I think that the margins realized prove that to be true.
The Asian weakness has had a minor effect, only because the US and Europe were growing strongly at the same time. Under more normal conditions, Japan would be a major contributor to growth, and normally LLTC is priced to represent significant overall growth.
<<Now, you just tell me the earning for this quarter is not very important. May I ask how you arrived at the weak order strength. >>
Not very important only in the sense that this quarter's results depend on revenues shipped against previous orders, which were still presumably (!) sufficiently strong to achieve the expected results.
Snippets of published analyst information, along with warnings of other companies, tend to point to possible weakness in US distribution channels and also a weakening in Europe. The latest month of US economic data also showed significant weakness in the electronics sector,
Regards, Don |
