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Technology Stocks : LTX Corp. (LTXX)

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To: frank doolittle who wrote (1326)8/5/1998 11:28:00 AM
From: CChalmers  Read Replies (1) of 2126
 
Hard days and hard moves, but completely in line with the rest of the industry. In a perverse way I find this reassuring. I certainly did not expect this to be a good quarter. I am not in LTX because of its relative strength or earnings growth or for any technical analysis. To me its an established company that can execute that has a new idea which I think addresses a market need. Unfortunately its trying the new idea in the worst possible conditions.

I consider this a long term speculation. Much longer than I originally intended, but I'm hanging in there.

By the way, the technical exchange in recent weeks has been very valuable and I really appreciate it.
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