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: david jung who wrote (1405)	12/17/1998 10:04:00 PM
From: The Irb	Read Replies (3) \| Respond to of 2126

Singapore electronics firm Flextech Holdings has invested US$3.5 million in a joint venture company with U.S.-based LTX Corp (Nasdaq:LTXX - news) to repair test cards for semiconductor machines. What are test cards? If I had to guess, I'd say they are part of LTX's discrete component test systems business. (I know all about IC test because that's what I do, but I know relatively little about discrete component test or board-level test.) Whatever test cards are for, the ~$5M involved don't amount to a large part of LTX's revenues (~$170M). Was this a move to reduce overhead in LTX's component test systems business? The interest in LTX's Fusion appears to be coming from Asian semiconductor companies getting into the system-on-a-chip business who may be looking for a mixed-signal test platform. The mixed-signal test market leader is Teradyne, a formidable competitor. Due to TER's strength, I can't see a reason to buy this stock unless there's a compelling reason to expect a drastic turn-around in 1999. Any ideas? The Irb Austin, Texas