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To: Thomas Haegin who wrote (541)7/22/1998 7:48:00 PM
From: Gottfried  Respond to of 754
 
Thomas, I just found the relevant 10-Q. Management discussion...

Filed on May 15 1996

Historically, new bookings accelerate particularly in March and
April over the December run rate. This did not happen this year and
consequently new business booked during this quarter fell short of our
expectations. The two end-markets that incurred this difficulty were computer and telecommunications.
The semiconductor industry overall has experienced a similar turndown
in demand. Should this softness in bookings continue, our sales in the
upcoming quarter ending June 30, 1996 would slip backwards by
approximately 15% from the levels just reported. We believe net margins as a percentage of sales will continue to be strong and the reduction in net profits will track relatively closely to this percentage slip in sales.
[snip]

edgar-online.com

Gottfried



To: Thomas Haegin who wrote (541)7/22/1998 11:16:00 PM
From: Gottfried  Read Replies (1) | Respond to of 754
 
Thomas, looking at the chart of LLTC and INTC in 1996, I notice
INTC didn't participate in the summer slump. LLTC did, but
came right back.

tscn.com

Gottfried