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Technology Stocks : LTX Corp. (LTXX)

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To: mike cobble who wrote (2002)8/30/2000 10:17:39 PM
From: Duane L. Olson  Read Replies (1) of 2126
 
Mike..."Drift" seems like the operative action on LTXX here, but I'm afraid the drift may be a little less than benign ...Tim suggested anything as low as 19 also. At best, we seem to be in the part of the cycle where we can't look for "up" until the stochastics complete their downtrend and reverse:
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Can't complain -- even though I bought more LTXX around 27 "just in case", most of my holdings are a repurchase between 14 1/2 and 18. That leaves me a little margin yet to declare victory if I have to bail <GG>... With fundamentals like LTXX has now, I think we can safely expect a pretty nice run somewhere going into late fall and 2001. I think I'll just sit and wait...perhaps even pick up a couple hundred more.
tso and Good luck to you also, Mike
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