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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: John Miz who wrote (22791)	11/12/1999 2:11:00 PM
From: Canuck Dave	Respond to of 56532

Out of T.BCE @ 95.80 (in 94.25) and T.NT @ 94.45 (in 92.70). 85% Cash. I don't like the looks of the market. I think a sell off is just around the corner. CD

To: John Miz who wrote (22791)	11/18/1999 10:50:00 AM
From: John Miz	Read Replies (2) \| Respond to of 56532

LTXX...Beat Gruntals' agressive estimate by 8 cents> Off today's high of 21. Profit taking on the news> Good buying opportunity on a quality company in a strong sector...Semi Conductor testing company. Princeton, New Jersey, Nov. 17 (Bloomberg Data) -- LTX Corp. (LTXX US) was reiterated short-term ''outperform'' by analyst Mona E. Eraiba at Gruntal & Co. The long-term rating was also reiterated ''outperform.'' The intermediate and long-term price targets are $25 and $35 per share, respectively. WESTWOOD, Mass.--(BUSINESS WIRE)--Nov. 18, 1999--LTX Corporation (Nasdaq:LTXX - news), today announced financial results for its first quarter ended October 31, 1999. Sales were $60,005,000 compared to $27,018,000 in the first quarter last year. Net income was $6,874,000 or $0.17 per share, compared to a net loss of $(6,892,000), or $(0.19) per share in the first quarter of last year. Roger Blethen, President and Chief Executive Officer of LTX commented, ''Our strong performance during the quarter was the result of continuing execution of our Fusion® product strategy. We met our goal and won three new customers for Fusion. Orders for the quarter of $68 million included a significant amount from Fusion customers gained during the last three quarters. For the first time, Fusion HF orders accounted for the majority of our product orders during the quarter.'' Mr. Blethen continued, ''Our improved results, coupled with the successful public offering we completed during the quarter, has led to a stronger financial position for the Company. As momentum for Fusion continues to build, this strong financial position will allow us to fund the growth needed to satisfy growing customer demands. We remain focused on the development of Fusion, our single-platform test system designed for testing system-on-a-chip and advanced mixed signal semiconductor devices for the rapidly expanding Internet-based and wireless communications markets.''