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

To: jeff greene who wrote (1818)	11/18/1999 8:20:00 AM
From: Logain Ablar	Read Replies (2) \| Respond to of 2126

Jeff & Thread: You have to like all the numbers. I haven't done a full analysis of the #'s in detail but you have to like the sequential sales growth (not to mention 120+% over last year). I think top line growth is more important than earnings (but you have to like earnings a lot). Sequential growth was great considering the cash crunch the company was in till the secondary. Earnings are without taxes (Duane I do know my GAAP tax rules <gg>) but are presented with and without taxes for comparative purposes when we get to next year (when we won't have a nol sheltering the income). Backorders now @ $125M. Still more than 2 quarters sales. B to B of 1.13. Still above 1 (68 million in orders is great and is just continuing a high base to grow from). Now if they can only grow bookings as fast as they can increase sales <gg>. Balance sheet (with the secondary) looks much improved over last quarter. No longer a cash crunch. Allows for higher sales this quarter and without listening to cc we should expect higher than 10% sequential growth next quarter ($66+ million which would be more than 20 cents a share non taxed. We're going to go through $25 sooner than the analyst thought (and easily make the $22 I had). Enjoy the ride. We'll now have at least two upgrades with potential new coverage. Tim