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Technology Stocks : LTX Corp. (LTXX)
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To: TOM E WALTERS who wrote (1421)1/13/1999 1:33:00 PM
From: The Irb  Read Replies (1) of 2126
 
DR TOM wrote:
Do you have an upper figure in mind?? I'm beginning to wonder how high "up" is...not sure if I should be expecting teens or not!?

That's equivalent to asking how wild a speculative frenzy will get. Who knows, until after the fact?

A better question might be, what share price will LTX's forward earnings support? Again, who knows? There are too many variables, including the strength of back-end (test) semiconductor equipment demand, LTX's share in that demand as it affects sales, and LTX's profit margins.

Does anybody have any analysis to shed some light on these factors?

Thanks in advance,
The Irb
Austin, Texas

P.S. I think the recent run-up in LTXX is mainly due to its selection as one of Induhvidual Investor's Top 20 for 1999 stocks. Anybody have a different explanation?
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