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Technology Stocks : LTX Corp. (LTXX)

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From: Christopher Brainard10/28/2005 9:26:33 AM
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LTXX was dropped from the S&P small cap index yesterday. All the index funds were forced to sell and the market took these guys to the cleaners. At least now we know why this stock has been under extreme selling pressure all while the business fundamentals look to be improving. With the stock selling for just over cash value of $2.88, I think this would be a good time to buy some shares. Soon or later the sector will see a better operating environment. Given the cost cutting this company has been doing they might even be able to make a profit on the next up cycle.

Don't fall in love with this badly run company, but as Cramer would say, we're in this game to make some money and IMHO money can be made in this name now.

If anyone is still watching this thread, stop by and let me know what you think.

Chris
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