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Technology Stocks : Linear Technology Corporation
LLTC 65.000.0%Mar 20 5:00 PM EST

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To: csm who wrote (210)1/16/1997 8:54:00 PM
From: Thomas C. White   of 754
 
Now don't all go away everybody...I think near term LLTC should go through 55 and even as high as 57 unless semi market tanks. That 50 high's really long in the tooth and I think a buying surge could be imminent (though it may stall out for a week or two around the high). 52-wk Hi/Lo spread is relatively narrow, it almost has to widen. High end "cream skim" analog IC market is supposed to be growing around 13 - 14 percent/year going forward. With reduction in backlogs plus new biz it could be high times for LLTC and MXIM.
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