Linear Technology Corporation Message Board

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Technology Stocks : Linear Technology Corporation

LLTC 65.00

0.0%

Mar 20 5:00 PM EST

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To: PuddleGlum who wrote (595)	10/8/1998 11:47:00 AM
From: csm	Read Replies (1) of 754

pg The stock is very low in terms of relative strength (against the Dow), about where it was in early '97 but not as cheap as it was in the June-Nov '96 timeframe. That was an outstanding buying opportunity, so unless we expect their market has changed radically, this may well be an excellent buying opportunity for the longer term (1-2yrs+). I'm not a technician, but I watch TeleChart indicators to help me time entry-exit. Looked to me like their indicators bottomed around Aug 8 and looked like a buy around Sep 8 but now is looking like we should be patient for a few weeks and see if we can get a stronger buy. Perhaps the best opportunity will be between now and earnings announcement time. We'll see. Stuart.

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