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

To: jeffbas who wrote (1274)	6/12/1998 4:36:00 PM
From: Ted Jucevic	Read Replies (1) \| Respond to of 2126

Look at the earnings announcement, and you will see that no Fusions shipped last quarter. ----------------------------------------------------- ''This quarter we felt the full brunt of the slowdown in the semiconductor business to date,'' commented Roger Blethen, President and Chief Executive Officer of LTX. ''A significant number of orders we had anticipated to be booked in the third quarter did not materialize as planned, with the most notable weakness in the Asia/Pacific area,'' he continued. ''While our results for the third quarter were clearly disappointing, we are encouraged by the progress we have made toward completing Fusion, our 'one test platform, zero compromises' system for the system-on-a-chip IC test market. During the quarter, six customers placed orders for our new Fusion product, and we will continue to make investments in engineering and product development to bring Fusion to market as quickly as possible.'' ----------------------------------------------- I also get the impression that some companies are holding off on making orders until they can get the Fusion, that is the problem with announcing products before they ship. As soon as the Fusions start to ship is when we will see some sort of turn around.