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

To: Duane L. Olson who wrote (1779)	11/6/1999 11:48:00 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 2126

Duane: Did the same figuring softie will take the naz down a little (like you I'm still over weighted in LTXX, just a little less now. From a money management standpoint I should be lower). I'm only going to use it as a buying opportunity but not in CYMI now @ 30X next year earnings. MM will come out of it a little. A stock with some risk (I lost on it last year) with its recently announced acquisition is WIND but from a value play it may go to 40 - 60 range next year in a good market. It will benefit from the handcuffs being slapped on MSFT. My earnings estimates are based on LTXX having sales of between 55 (my low estimate with $117M backlog) and 65 million. I haven't read the annual statement footnote nor the 10Q's but I expect no federal income tax this year. I hope something drops ccur and brks a little lower. They will both have news out within a few weeks that will drive the price higher. ANCR's gotten away. I have no position. Tim