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


To: Raptech who wrote (1457)3/18/1999 8:18:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 2126
 
Rap.. LTXX seems to be in somewhat different a position than in the past (I've owned it for a couple of years). There really isn't any serious competition for the "Fusion", imo, and LTX has shifted virtually their entire focus to it. True, the earnings are projected, rather than actual, at this point, so by definition any bet on the stock is a speculation -- but one I like.
Technically, now that we are apparently engaged in testing the old resistance around 5 1/2 -- a successful test should make a run to about 8 1/4 achievable; here's the chart:
iqc.com.
BTW, even more dramatic, from the Oct low, the stock is up something like 600%--and there were a number of insiders buying around that price.
I was not aware that LTXX was listed on the Individual Investor list of 25 stocks -- don't know how that escaped me; thanks for that tidbit.
A little consolidation and on to 8?..
tso