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

To: Duane L. Olson who wrote (1691)8/2/1999 9:38:00 AM
From: John Miz  Read Replies (2) | Respond to of 2126
 
I think the Lehman upgrade is particularly important.

The last I read, Lehman left their price target on the stock at 10 dollars.
Not nearly as bullish as say, Gruntal...16 dollars.

Lehman was waiting for another quarter or two of positive earnings before increasing their target price.

Well some thing has happened between then and now. Why didn't they wait for the next Qtrly before upgrading?

John



To: Duane L. Olson who wrote (1691)9/9/1999 10:48:00 AM
From: YxY  Read Replies (1) | Respond to of 2126
 
From today news release :

"we were
able to enter the new fiscal year with a backlog of nearly $117 million"

What kind of backlog variation does this means ? Any news on their Book to Bill ratio ?

Thanks


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