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Technology Stocks : Lattice Semiconductor
LSCC 72.96-0.9%Oct 31 9:30 AM EST
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To: Myron Z. who wrote (298)10/3/1998 12:22:00 AM
From: puborectalis  Read Replies (1) of 339
 
I recently talked to SR dept. at LSCC...they don't expect any pickup in orders til next year.It seems that the Q3 and Q4 will be just like they warned Wall Street several months ago.They supposedly have begun the stock buyback.As for me,I picked up some more shares at these bargain basement levels.The Altera's and Xilinx's and Lattices of the world are not as vulnerable as the overall Semi biz..their products are continuing to improve and will become cheaper allowing more usage of their semi devices in many more products.With over $11 a share in cash,I think that LSCC is well positioned to ride out this storm and then catapault in price when earnings are resuscitated.
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