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

To: John Miz who wrote (1515)	5/24/1999 10:57:00 PM
From: John Miz	Read Replies (2) \| Respond to of 2126

From iionline...http://www.iionline.com/tbd/anfdt_frm.asp?ff_id=1872 We expect break-even financial results for the company's third quarter of fiscal 1999. Business at LTX has improved considerably over the past few months as its Fusion test systems are being met with strong demand. As a result, expect backlog and visibility to improve dramatically. LTX has very strong earnings leverage over the next few quarters. As revenue increases, LTX is positioned to see expenses as a percentage of revenue decline considerably. Gross margins should increase commensurate with revenue. Analysts have recently raised their ratings on LTX and shares of the company have surged. Expect further share price appreciation as investors take notice of the improvements at LTX. While there may be some upside to third quarter estimates, the key driver for LTX shares will be guidance from management. We expect it to be positive.