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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (1350)10/27/1999 6:21:00 PM
From: Mr. BSL  Respond to of 9427
 
Good luck with LTXX Tim. You seem to have researched it well. Last month LTXX showed up on my radar screen -
Value Line 1, above BSL, RS in X, pos momentum 0 to 4 wks.
The recent secondary offering scared me off due to past experience. Take care, Dick



To: Logain Ablar who wrote (1350)10/28/1999 12:46:00 AM
From: advinfo  Respond to of 9427
 
Mgmt has actually under pumped the stock (considering where some of its peers trade at) by not announcing new contracts (of course this could mean no new contracts <g>.

Timothy,

Yeah, LTX management is conservative. Plus, from discussions with
IR I'm under the impression that they have not been granted
permission to announce the names of most of their new clients.
Months ago I heard it was 9+ new accounts in addition to TXN so
the validation/acceptance of fusion appears to be going very well.

With so much to be considered(health of market and sector,
quality and prospects of co., size and purpose of offering,
quality of underwriters, handling of deal, subscription
demand, blah, blah
) I treat stock offerings on a case by
case basis too. FLEX recently announced a huge offering and the
stock just keeps trucking. I'd be shocked to see FLEX or LTXX
get cut in half. I'm expecting quite the opposite.

Good Luck!