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Technology Stocks : Linear Technology Corporation
LLTC 65.000.0%Mar 20 5:00 PM EST
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To: Jay King who wrote (188)1/12/1997 7:43:00 PM
From: H.P. Yee   of 754
 
Jay,

This recent run up in LLTC is an earning's play. Is it LLTC reporting at 1/14 (according to ZACKs, but Zacks is often wrong on reporting dates)

I think LLTC will give a good earning's report, but may not be enough to keep the shares at upper $40 range (A predication only)

I am staying away from LLTC option at this time, because I really don't know how LLTC will play out during this earning session.

Otherwise play options on LLTC between low $40s to mid40s has been very profitable for me.

You are right, going long on LLTC at low 40s is a good idea.

-H.P.
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