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Technology Stocks : LTX Corp. (LTXX)
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To: Mathon Dabasir who wrote (1627)7/8/1999 12:36:00 AM
From: Duane L. Olson  Read Replies (1) of 2126
 
Sir Dabasir!! My deepest apologies to the Rajah of the Big Sandy for the delay in reply!! ((Please throw no knives))
The story on LTXX actually goes back into 1997 and ties into a previous infatuation with LSI and VTSS. LSI is the "System on a Chip Company"... and VTSS supplies exceptionally high speed gallium arsenide chips to the telecom and instrumentation industries. When I found out that VTSS was supplying chips to LTXX for their proposed "Fusion" test equipment to test "SOC" semiconductors, well the word "Aha!" struck, and we quickly bought the first coupla thousand shares around 5 somewhere. Which we rode up to 8, before riding it down to a buck a share (actually under a buck).. So(!) the buying at 2 7/8, and onward and upward, could actually be interpreted as a desperation move to average down on a questionable prognostication in an attempt to recoup at least some small measure of long lost capital. Fortunately that has happened. And we are pleased.
What's on your hot burner these days, oh honored Caliph?
TSO
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