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: Duane L. Olson who wrote (1854)	12/1/1999 8:23:00 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 2126

Duane: I moved most of my funds out of LTXX yesterday (before AT&T's network started having problems last night and all day today). Still expect $25 b/4 year end but I went on margin with my other investments in a big way (thank you ltxx for providing the base to do this) and I expect the soxx to pull back and ltxx can test some supports (even if the selling is on low volumn). If LTXX hits $17 it can retest $15.5. I decided to lock in some profits. I'll reenter when the risk / reward changes. SIII is weak due to tax loss selling. The street news is not new news and I expect the stock to retest $8.5 b/4 year end if it can't break (and hold above) $10. I sold some of my position today and will look at tomorrows action to see if I sell and reenter later. You should look @ OBAS again on a pull back (it had one today but I missed it, damm AT&T, I want to double my position). I still have $28 as a target by year end. You may also want to look @ MRVC on a pull back. Remember my ANCR comment when it was $38, I couldn't wait for a further pullback in MRVC after todays open. Its a $100 stock next year. I'm still loaded in CCUR like I was in LTXX earlier this year. With rising rates and now news it may / will continue to drift down but with one piece of news it will start to mid 20's. Also look @ CYMI. Anything below $40 is a gift for long term investors. Tim