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

To: John Miz who wrote (1858)	12/2/1999 4:42:00 PM
From: Duane L. Olson	Read Replies (2) \| Respond to of 2126

Ahhhh, John, You do well -- very well. I'm a little slow in reply here because I had to re-read your post about three times and absorb it all. The analyst ratings are a useful indicator, but those guys were way, way behind the power curve on the run from October (at 1) up until August. So they were out of the loop on the first 1200-1300% gain on our baby. Now, as then, they are constantly updating earnings estimates. Gruntal had a gal that did pretty well, as I recall, but others must have been out in space somewhere! <G> For my own planning, and going a little more conservative, I'm using those analyst's projections of $.40 this year and $.85/share for next year, and anticipate a further 25% earnings gain the following year. Using a PE of 40 for the growth to the $.85 earnings (for a price of 34, and a PE of 35-37 on the following year (price of 37-40), it would appear we will have seen our share of LTXX' growth by early 2001.... For the time being, I think Tim has it pegged -- we can look forward to some backing and filling. tso

To: John Miz who wrote (1858)	12/2/1999 4:53:00 PM
From: Logain Ablar	Respond to of 2126

John: You don't want the analyst to post numbers the company can't beat do you. They'll at least hit 13 cents after tax and I'm thinking 14 cents. I have over 60 cents AFIT for the year so were right around 30 times this years earnings. Tim