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Technology Stocks : LTX Corp. (LTXX)

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To: Wolf 2 who wrote (1562)6/19/1999 12:01:00 AM
From: Duane L. Olson  Read Replies (2) of 2126
 
Wolf... Just to add to the thoughts on LTXX... here from the research page on Yahoo, I noticed the sharp increase in projected earnings for the next few quarters --- about the middle of the page, I believe..
biz.yahoo.com
Earnings projections for next year, now at $.50, and Gruntal's at $.60, to me would justify a price of 15 to 18, if a PE of 30 is reasonable. If trends continue, I wonder if it would not be out of line for the following year to see close to a doubling of those results, and a near doubling of the stock from the 15 level (My target is 28)... Any thoughts?
tso
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