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

To: mike cobble who wrote (1997)	8/30/2000 12:30:28 PM
From: BostonView	Read Replies (2) \| Respond to of 2126

CHICAGO, Aug 30 (Reuters) - Gruntal & Co. analyst Vincent Benedetti said on Wednesday he had raised his six-month price target for LTX Corp. to $50 from $45 and had increased his 12-month price target to $65 from $60. -- raised his earnings per share estimate for fiscal 2001 ended July to $1.70 from $1.56; raised his fiscal 2002 EPS estimate to $2.20 from $2.14; raised his fiscal 2003 EPS estimate to $2.80 from $2.73. -- reiterated his intermediate rating on LTX as an outperformer, based partly on the company's ability to attract new customers and use tight operating practices. --said LTX, a maker of automatic test equipment for the semiconductor industry, continues to see merchants invest at a rapid pace in fusion technology, including a doubling of orders from Asia. -- LTX shares were down $1-1/16 to $23-1/2 in morning trade on the Nasdaq. ------- IMO, everything makes sense there, except the last bullet. BV