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Technology Stocks : LTX Corp. (LTXX)

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To: Duane L. Olson who wrote (1719)9/4/1999 6:37:00 PM
From: John Miz  Read Replies (1) of 2126
 
individualinvestor.com

LTX Corp. (NASDAQ: LTXX - Quotes, News, Boards) has tremendous momentum
at its back, the stock is has gained 421% to $13.50 for the year to date. The
company is expected to earn $0.10 per share for its fourth quarter ended July 31.
LTX has seen very strong market acceptance for its Fusion test product that has
enabled the company to return to profitability. Bookings were extremely strong last
quarter and the company has solid visibility entering its new fiscal year. Investors
should pay close attention to the book-to-bill ratio for the quarter. For the third
quarter, LTX reported a book-to-bill ratio in excess of 1.60 to 1. This means that
LTX booked $1.60 in new orders for every $1 in revenue for the quarter. Following
the company's earnings release, LTX will host its annual users' conference in San
Francisco from September 12-15. This will be followed by a European users
conference in Paris starting October 24. Expect product news out of LTX at these
events.
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