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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: PaperChase who wrote (29552)7/5/1998 11:51:00 AM
From: Knighty Tin  Respond to of 132070
 
PC, Linear has been one of my favorite put targets for years. I have had decent but not huge success with it. I caught some right before they admitted that they'd been snowing the public about their ability to grow in any environment, and that was nice. But I've also suffered more than one expiration where my puts went out worthless. The stock seems to have 9 lives and the analysts are still way too optimistic on eps predictions for this year and next. LLTC will get its comeuppance, probably sometime this year, and I want to be there when they do. That being said, I only own a third position right now, as I expect some flim-flam before they fess up.

MB