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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (2953)4/29/2002 6:28:39 PM
From: Return to Sender  Respond to of 95480
 
>RtS, you commanded this for TODAY! <

Hey most of the day I was worried it would be my head rolling off the block. Seriously tomorrow we could easily pop back up to 550 on the SOX in my humble opinion.

The King is not dead.

Yet



To: Gottfried who wrote (2953)4/29/2002 9:32:30 PM
From: Return to Sender  Respond to of 95480
 
Linear Technology says bookings support Q4 outlook

biz.yahoo.com

SAN FRANCISCO, April 29 (Reuters) - Linear Technology Corp (NasdaqNM:LLTC - news), a maker of communications and specialty microchips, has bookings that support its projection of an 8 percent to 10 percent gain in revenues for the current quarter from the just-reported quarter, the company's chief financial officer said on Monday.

"We're pretty confident that we can do the 8-10 percent and the bookings right now support that." said Paul Coughlan, chief financial officer of Milpitas, California-based Linear Technology. "We expect the month and the quarter to be good in order for us to meet our 8- to 10-percent projections."

Coughlan, speaking to a technology conference here sponsored by Merrill Lynch, said that while there is still some inventory to be "burned off" in the telecommunications side of the business, inventories for chips used in computers and other products had been run down to more normal levels.

The company reported sales of $130.2 million in its fiscal third quarter. A gain of between 8 percent and 10 percent, as the company first forecast on April 16, would mean quarterly revenues of between about $140 million and $143 million.