Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Logain Ablar who wrote (1812)	11/15/1999 11:54:00 PM
From: jeff greene	Read Replies (1) \| Respond to of 2126

Timothy -- Thanks for all the insight on LTXX. Morgan Stanley Dean Witter initiated coverage as you know last week and here are a few excerpts from the report: ...We view LTXX shares as the best investment idea in the semiconductor capital equipment space today. Consequently, we are initiating coverage with an Outperform rating and a $25 stock price target based on a 30x P/E multiple applied to our F2001 EPS estimate of $0.81. ...Ahead of its competition, the company has developed a new testing platform called Fusion, that is capable of testing highly integrated mixed-signal devices, advanced digital devices, and it is particularly suited for testing advanced system-on-a-chip (SOC) devices. ...Since most of LTX?s customers are in the early stages of their device production ramps, we believe the company?s revenue and earnings are poised to gain momentum as secondary waves of capacity expansion orders are driven by customer volume production ramps over calendar 2000 and beyond. <<<<<<<<