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


To: John Miz who wrote (1865)12/8/1999 12:20:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 2126
 
John.... really good link. Thanks! That Gruntal analyst, Mona Eraiba, has been doing by far the best assessment on forward prospects for LTXX, imho, and I would put a lot of credence on her projection this time as well. LTXX appears to be following the July stock pattern pretty closely, meaning we have a little more time to wait before the up cycle resumes -- and we could be looking at a price on LTXX as low as 15 1/2 (as a guess)without violating any TA, before we resume the uptrend towards 30 (I expect we will overshoot Mona's target). There appears to be some huge trading going on in LTXX today -- I've seen 3 blocks above 40,000. Here's that pattern, if you want ot compare with July..:
beta.iqc.com
Nothing in the FA or TA has me concerned at this point, and I expect we will do very well on LTXX into the new year.
Thanks again for the update out of II!
tso