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To: chowder who wrote (92804)	7/26/2001 2:42:08 PM
From: Sweet Ol	Respond to of 95453

Message #92804 from dabum3 at Jul 26, 2001 2:00 PM Sharp, >> . Interestingly enough when I've posted my analysis in the past practically nobody was interested << I can assure you I have been interested although I have never commented. Sometimes the information is so compelling, no comment is necessary. dabum << Ditto for me. JRH

To: chowder who wrote (92804)	7/26/2001 3:51:30 PM
From: Sharp_End_Of_Drill	Respond to of 95453

Dabum and John Haley, thanks for the kind words. Those of you who would like a good laugh should listen to this: biz.yahoo.com LLTC suffered a Q1 to Q2 revenue drop of 29%, is projecting Q2 to Q3 drop of 40%, and you should buy it why? According the the link because the oft called bottom is near! Never mind the facts that even if the bottom is here, and inventories worked off, they would emerge in a world of massive excess capacity and gasp competition. Those of you who follow PSRs would note their current value is about 14.5, the projected Q3 revenue drop would make it 16.5, and assuming a mild 10% Q3 to Q4 revenue drop would make it about 20. Assuming another 10% drop Q4 to Q1 2002 would make it an astounding 27. Yeah, that's right - you have to pay $27 of your hard earned money to capture $1 per year of their revenue - of which they will likely be making a net margin far less than their bubble level of 42%, possibly even negative for a while. In addition, any losses in Q3 or Q4 will also make their current bargain level PE of 35 go away. They are of course debt free with about $5 per share cash compared to a price north of $40. Now, why again should I buy this stock? Sharp