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Technology Stocks : LTX Corp. (LTXX)
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To: CChalmers who wrote (1331)8/5/1998 12:13:00 PM
From: Yakov Lurye  Read Replies (1) of 2126
 
Q-to-Q revenue drop from 46M to 35M seems to be in line with BTB data for the back-end sector. (I cheated a bit on the previous Q data by subtracting the 7.5M worth of stock returned by ANDO and accounted for as revenue).

As I'd posted before, calendar year high/low price ratio for LTXX had consistently exceeded 2 in all kinds of markets. So far, calendar year high was 5.75, year low 3+. This statistics suggests to me that with high probability within the next five months we'll either see LTXX falling below 2.875 (5.75/2), or rising above 6 (3x2).

I am strongly in favor of the second outcome <g>

Y.
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