Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Linear Technology Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Time Traveler who wrote (436)	6/18/1998 12:40:00 AM
From: Don Lloyd	Read Replies (1) \| Respond to of 754

<<Sorry to be griping, but with all due respect, do you work for Linear Technology?>> No, they work for me. -g- What you need to understand is that it is usually impossible to connect a stock's movement to a single, or even a small number of causes. If you compare LLTC's recent stock movement with the other semiconductor stocks, you will see a good deal of downward volatility in almost all of them. It is clear that most of the stocks have had fundamental reasons to go down as their sales and earnings have been affected by a number of factors. It is not unreasonable to expect LLTC to move along with them, whether or not LLTC is significantly affected by those same factors. It is clear that the business effects on LLTC will be smaller than on most stocks, due to a high level of diversity of products. However, since this is well known, the normal valuation of LLTC is much higher, and there is further to fall if and when the business effects do appear. Regards, Don