LTX Corp. (LTXX) Message Board

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Technology Stocks : LTX Corp. (LTXX)

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To: Raptech who wrote (1500)	4/23/1999 8:10:00 PM
From: Greg Thornton	Read Replies (1) of 2126

Actually, the high yesterday was $7 1/8. The stock could not even break $7 today. It will take a lot more good news to move the stock to $10, and earnings are not due until mid-May (their quarter is not even over yet). As for the rest of the industry not moving with LTXX, the rest of the industry is not nearly as undervalued as LTXX. Just so you know where I am coming from, I am still long on quite a few shares but sold some yesterday because I think that LTXX and the rest of the market is overbought and will correct smartly in the next few weeks, once earnings season is over. I will look to buy if it gets back to the $5 range before earnings release date. BTW, what is the target for early summer that you eluded to in your message? Greg

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