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

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To: semi engineer who wrote ()5/2/1996 5:38:00 PM
From: E_K_S   of 339
 
Watch weekly volume for trend....

It appears that Lattice continues to have good weekly volume with the bias to the up side. The first indication of any pull back will be higher highs on lower than average volume.

Today overall market off 76pts, Sox up 2.10 (on Soundview recomondation of semi stocks) and Lattice traded higher on good daily volume.

It looks as though Lattice wants to trade up to the $38 level before we will see some consolidation. Trading level for Lattice include:
34 1/4; 36 1/4; 38 1/8 - 39.

They key to this next move will be increasing up volume through the $36 level. We seem to be in wave No 2 of a three wave uptrend and are now about 1/3 to 1/2 way through this up cycle. Also Book to Bill estimate comes out next week. If good, this should further propell the stock higher.

EKS
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