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Technology Stocks : Teradyne
TER 193.37-5.2%Dec 12 9:30 AM EST

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To: TobaccoMan who wrote (941)2/5/1999 11:34:00 AM
From: Greg Thornton  Read Replies (1) of 1184
 
TobaccoMan,

Firstly, it is doubtful that egos could be put aside long enough for Teradyne and LTX to come up with a takeover deal. In case you didn't know it, LTX was started by a group of ex-Teradyne employees (one of whom is now president) and the Teradyne's president was president back then as well (late 1970's).

Secondly, LTX has a better than even chance of coming back strong, and the upside in their stock is much higher than that of TER at this point.

Also, although LTX and Teradyne are direct competitors, their newest machines each have functionality that the other does not. KLA is not a competitor of LTX, although HP, Credence, and Schlumberger are.

There is also a significant amount of brand loyalty in this business (semi ATE). If Teradyne was going to put LTX out of business, it would be done already.

Just MHO!

Greg
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