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


To: Wolf 2 who wrote (1562)6/18/1999 10:41:00 PM
From: Duane L. Olson  Respond to of 2126
 
Wolf...Well, it wasn't any of those...or LTXX.
See the previous post to E!.
Now if we can just get through this little consolidation in LTXX as it backs off from that 11 resistance point... I would vote for another 358,000 percent, wouldn't you?... or even a run to 14, for that mattter <g>
tso



To: Wolf 2 who wrote (1562)6/19/1999 12:01:00 AM
From: Duane L. Olson  Read Replies (2) | Respond to of 2126
 
Wolf... Just to add to the thoughts on LTXX... here from the research page on Yahoo, I noticed the sharp increase in projected earnings for the next few quarters --- about the middle of the page, I believe..
biz.yahoo.com
Earnings projections for next year, now at $.50, and Gruntal's at $.60, to me would justify a price of 15 to 18, if a PE of 30 is reasonable. If trends continue, I wonder if it would not be out of line for the following year to see close to a doubling of those results, and a near doubling of the stock from the 15 level (My target is 28)... Any thoughts?
tso