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Technology Stocks : LTX Corp. (LTXX) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Perras who wrote (1535)6/9/1999 2:38:00 AM
From: Duane L. Olson  Respond to of 2126
 
Cheez, Mike, I really did a chase around, looking for something specific... nothing. There are some blocks trading, like 25,000 at a crack. And we are trading about 6% of the float every day now, with the biggest accumulation occurring after we crossed...oh, say 8 1/4, which was a key resistance area (I'm guessing that much of the current run is technical, rather than fundamental). We should have heavy resistance here around 11, but I expect that to be resolved to the upside. Then a major test at 14. I'll try to raise the E! on this thread and see if she can help with the TA --(been chatting with her over on the PSUN thread).... here's a quick and dirty look at those previous highs that could serve as restance points...http://quote.yahoo.com/q?s=LTXX&d=mym
Do you suppose "somebody" knows something about LTXX prospects that has created a new situation --- maybe even a takeover??...just theorizing...I have heard NO rumors, and don't care to start any <gg>
TSO



To: Mike Perras who wrote (1535)6/9/1999 3:11:00 AM
From: Duane L. Olson  Respond to of 2126
 
Mike, See Preceding: Book to Bill 1.8, Quarterly orders double to $75 mil ( ($55 Mil used to be high)... Plenty of reason to drive this baby well beyond the current price, IMHO....
TSO