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


To: Don Lloyd who wrote (439)6/18/1998 4:44:00 AM
From: Javelyn Bjoli  Read Replies (1) | Respond to of 754
 
PC-related semiconductors have been tanking for a while, but the analog sector was thought to be less vulnerable due to diversity. Analysts were mentioning MCRL as a good play at the early part of the slide. Then ADI crashed out, ruining the confidence that was shielding these stocks. The diversity turned out to be at least partly in Asian-related products. With BBRC also giving negative news, there is nothing left to hold these guys up against the negative market sentiment against semiconductors right now.

I'm expecting LLTC to continue sliding this week to the low 50's. Hopefully it will look oversold at that point, if not, it could fall much further. I'm hoping for a good buy point, because this is a well-run company and one to hold for a long time once it bounces.