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

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To: PuddleGlum who wrote (638)1/18/1999 8:14:00 AM
From: Thomas Haegin  Read Replies (2) of 754
 
Well, PG, I'm still in LLTC and while I'm surprised at the recent surge, I like it of course.

The trouble I usually have when contemplating selling is that for every good stock I sell I need another one at least as good to replace it. This is an uncertain thing. Therefore, I normally stick with a co./stock until the story changes, kind of irrespective of the stock price.

I don't see no change in LLTC story, in fact a new biz upcycle may have begun late last year. OTOH I'm not blind and realize that valuation is getting rather high for LLTC. But this we have been saying of "the market" for the last three years at least. Countless studies show that investors tend to sell winners too soon and keep losers to long.

best,
Thomas
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