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Technology Stocks : Lattice Semiconductor
LSCC 62.49-1.0%Nov 6 3:59 PM EST

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To: E_K_S who wrote (34)4/26/1996 5:39:00 PM
From: Andy H   of 339
 
$2.79 seems awfully high.

I am a holder of Lattice shares. If LSCC were to increase its quarterly sequential growth rate to 10%, this would yield about $2.73 - 2.74. A 10% sequential growth rate seems difficult to achieve with the low density revenue apparently stagnant or shrinking. Sequential gains of 15-20% may be needed in the last two quarters to hit $2.79. Revenue increases will need to pick up substantially to hit $2.79. The March quarter high density revenue increase was largely offset by a shrinkage in the balance of business, compared to recent quarters in which the low density revenue was essentially flat and the net revenue gains equalled the high density revenue increase for the quarter. Do you know if Lattice commented on the low density trend going forward?

Do you have individual estimates or ranges from the First Call report. I have seen only two individual estimates-$2.35 and $2.40. Do you know who has increased their estimates and how many estimates are in the consensus figure?
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