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Technology Stocks : LTX Corp. (LTXX)

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To: Duane L. Olson who wrote (1786)	11/7/1999 10:48:00 PM
From: TobaccoMan	Read Replies (1) of 2126

Duane, You stated "Morgan looks rather low on the estimates, compared with the consensus... Maybe that's why they came in with a rather weak endorsement" I will venture this guess.....Morgan underwrites the new offering. Then they open with an Outperform to get some interest and to show they are on top of things. Next, after big earnings or great forward statement, Morgan drops us a Strong Buy with a target in the upper 20s. I have seen them play this game before and I hope they are playing it again. Just my opinion. TM

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