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


To: John Miz who wrote (1668)7/21/1999 6:57:00 PM
From: dwight martin  Read Replies (1) | Respond to of 2126
 
tmo.hp.com



To: John Miz who wrote (1668)7/22/1999 12:09:00 AM
From: Duane L. Olson  Respond to of 2126
 
John...Anybody's guess....but let's check the chart:
iqc.com
IF LTXX is going repeat that mid-June pattern, then LTXX would pop up another day, then drift down, over 2-3 days, to about 12 1/4, before resuming the uptrend.
Remember, this advice is worth EXACTLY what you paid for it!! <g>
tso



To: John Miz who wrote (1668)7/22/1999 1:59:00 AM
From: Duane L. Olson  Read Replies (1) | Respond to of 2126
 
John: "We Continue to Rate LTXX a Strong Buy" --Gruntal....
Reposting an extract from E-Graph's last link:
QUESTION: "LTXX has had a recent run-up. We have held it faithfully now for at
least four years---ever since a large Korean order was canceled. We
would like to know what the outlook for them is near and long term.
Should we sell or hold?

Mona Eraiba: "We continue to rate LTX Corp. stock a Strong Buy for
aggressive-growth investors. The stock's recent impressive run was due to
catalysts such as (1) its flagship product Fusion, which is gaining momentum;
(2) the early upturn of the test equipment market; and (3) continued cost
controls. Short term, the stock may consolidate as we go through the
summer, but as the year progresses we expect the stock to trade close to
our price target of $16. The company has backlog through October, and we
expect new order announcements from larger original equipment
manufacturers supporting the Fusion platform as the year progresses. I'm
sure it has been a difficult four years, but we believe that the stock is
extremely well positioned to capitalize on the industry recovery and to
deliver consistent earnings improvement. "

Sounds good to me!!
TSO --- Thanks, E!!