SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LTX Corp. (LTXX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Duane L. Olson who wrote (1527)5/31/1999 9:12:00 PM
From: John Miz  Read Replies (5) of 2126
 
From Needham...(I just love reading this stuff!)

Summary

* The Fusion product is gaining acceptance with customers and the Company
is now operating in a mode where it is trying to match the production ramp to
demand.

* Fusion HF appears to be spawning a significant amount of production
business for 2000 and beyond. LTX is shipping the HF with more pins than
expected, which means the Company is going into the engineering labs now
as its customers develop new products; these products will demand many
more new Fusion testers as its customers move product into production.

* Financial controls have finally reigned in expenses, allowing us to anticipate
"normal" expense levels in FY2000 of 30%.

* We believe that earnings growth should substantially outpace revenues as
gross margins and expenses improve.

* We believe the low valuation gives investors an attractive entry point.

* There has been a significant amount of recent insider buying.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News