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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (46938)2/13/1999 1:59:00 PM
From: Don Lloyd  Read Replies (1) of 132070
 
Marked up copy -

(Linear is easy. They have eps growing at 5% [sequentially, at this instant] and a pe ratio over 40 times . They are a contract producer [false] of components for the electronics and computer industry [proprietary value-added analog IC's almost exclusively] and will be one of the victims of the slowdown , IMHO. The co. is honest enough to admit all these problems , but the lemmings don't care . Since they are splitting the stock, that is all the ignorati need to buy.)

At 101, near all time high of 104.75, normal seasonal variations would lead to target of 80. Any business slowdown would target 65, any market weakness would also target 65, both would target 55. Major market or economic event would target 45 or lower. Except for the last, business profitability would be maintained. All pre-split numbers.

No significant sustainable stock upside from here in 1999.

Regards, Don

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