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Technology Stocks : LTX Corp. (LTXX)

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To: Duane L. Olson who wrote (1585)6/22/1999 11:53:00 PM
From: John Miz  Read Replies (1) of 2126
 
I have not set a price target.

Of course if it's 20 plus before August (probably not likely) I would probably have to lighten any position I hold.

But getting back to Tuesday's trading...The volume has me wondering whether some good news is right around the corner? Especially when the rest of the tech sector pulled back some. And we closed at the high of the day...I am getting some positive vibes. That's not to say we couldn't evenutally trade under 10 again before earnings. If we do. It would be a gift.

On occasion, companies do pre-announce positive earnings surprises, but I believe it's to early in the qtr for that. Something else must be going on. Or it may be as simple as some major investors buying into a hot company that's turning it around in a hot sector.

John

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