LTXX - Sector: Technology---Industry: Semiconductors

[setravis]

Bottom appears to be behind us.
Looks like a good trade back to 7.
IMHO

[Adam]

Buying LTXX at 6.25, good accumulation and appears ready to breakout

[setravis]

Looking good, Just may make that $7.

[setravis]

Another nice day.

[setravis]

Ready to run north again.
50-day has crossed over the 200-day MA....Let's rock!

[422fwhp]

I like this as well and keep nibbling at it as it drops a little.

What's your assessment now?  If it drops below the $5.64 mark set on 8/10 would that be a sell indicator?  Is there a  +/-  some change rule?

TIA, Jody.

[shawFund]

My advice is that DON'T BUY stocks in SEMI SECTOR now.

It is in correction now and the SOX index may test 440 - previous high.

The duration of the correction may last 1-2 month (high is at August 2).

Wait for a while and will see year end rally.

[dwest718]

This thing looks good again.  Huge descending trough ending with a huge hammer on a big volume spike.  Starting to trend up again with volume returning.  Positive MACD with recent double bottom in RSI... this thing is looking bullish and is about as oversold as it can get.  Check out this chart and tell me what ya think!  I'm putting it on my small list of stocks to watch w/ VIAC and IPIX and GLNC.

[setravis]

This thing looks good again. Huge descending trough ending with a huge hammer on a big volume spike. Starting to trend up again with volume returning. Positive MACD with recent double bottom in RSI... this thing is looking bullish and is about as oversold as it can get. Check out this chart and tell me what ya think! I'm putting it on my small list of stocks to watch w/ VIAC and IPIX and GLNC.

dwest718, I see you are digging.May be time to "Play it again Sam"
I give an applaud for this big hunt you are on.
While you are at it dig up ACTT(located on page 2) and check it out,give me some feedback.
I will make some comments on this one later ,but looks like you did a nice job to bring it back to our attention !! Great work......extra applaud coming

[setravis]

WESTWOOD, Mass., Nov 17, 2005 (BUSINESS WIRE) -- LTX Corporation (LTXX, Trade), a leading provider of semiconductor test solutions, today announced financial results for its first quarter ended October 31, 2005. The results were at the high-end with the Company's guidance provided on August 25, 2005.

Sales for the quarter were $44,951,000, up 15% from prior quarter sales of $38,928,000. Net loss for the quarter was $(8,383,000), or $(0.14) per share on a GAAP basis, which included restructuring and other charges totaling $4,227,000, or $(0.07) per share, compared to a net loss for the 2005 fourth fiscal quarter of $(6,214,000), or $(0.10) per share on a GAAP basis. Sales were $43,033,000 for the first quarter of fiscal year 2005 and net loss was $(61,673,000), or $(1.01) per share on a GAAP basis. Incoming orders for the first quarter of fiscal 2006 were $46.6 million, up 18% from the prior quarter.

Dave Tacelli, chief executive officer and president, commented, "The increase in orders indicates the underlying strength and business momentum in our target markets. The market in general, and wireless/RF devices in particular, are moving in a positive direction and we are seeing a bias towards accelerated deliveries to meet this increasing demand."

SECOND QUARTER FISCAL 2006 OUTLOOK

Revenue is expected to be in the range of $46 million to $48 million, with gross margin of approximately 47%. Earnings per share is projected to be in the range of $0.00 to $0.02, assuming 62 million fully diluted shares, and a 0% tax rate. We expect to incur a charge in fiscal Q2 related to our UK office downsizing, which is not included in this guidance.

The Company will conduct a conference call today, November 17, 2005, at 4:30 PM EST to discuss this release. The conference call will be simulcast via the LTX web site (www.ltx.com). Audio replays of the call can be heard through December 15, 2005 via telephone by dialing 888.286.8010; passcode 28337246 or by visiting our web site at www.ltx.com.

[dwest718]

Too bad this thing slipped off our radar the past couple days  .  Oh well... life goes on.

[Richard]

Too bad this thing slipped off our radar the past couple days  .  Oh well... life goes on.

You don't think it has any more room left to run?

[dwest718]

Sorry, I didn't look at the chart that carefully.  If LTXX had broken through 200 dma today I'd say that $5.50 would come quickly.  I still think $5.50 could come by x-mas but there should be some will probably be some consolidation next week before a "run" shows up again.  If you want to wait 20-25% is a good possibility  .  I'll try to get the updated chart posted tonight but I can't promise anything.

[setravis]

I was looking at a 2 year chart, and from that, Looks Like a....
Classic Double Bottom (Reversal) Pattern, possible....in the making.

Support @ $4.37...3.90...3.29
Resistance @ $4.79...5.05...5.38...5.53
MACD is Bullish
Stochastic is bearish

Recent CandleStick Analysis
Very Bullish
Nov-17-2005 Bullish Engulfing 
Nov-16-2005 Inverted Hammer 
Nov-15-2005 Bearish Engulfing 

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
above 13-day EMA
above 50-day EMA
RS Rating: 9 

Fundamentals
Key Data:
Market Cap (M): $234.45 
P/E Ratio: NA 
PEG Ratio: -15.9606 
Next Earnings: 02/08/2006
Last Analyst Rating: Outperform

Double Bottom (Reversal)
The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in between.

Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend. Many potential double bottoms can form along the way down, but until key resistance is broken, a reversal cannot be confirmed.

It is important to remember that the double bottom is an intermediate to long-term reversal pattern that will not form in a few days. Even though formation in a few weeks is possible, it is preferable to have at least 4 weeks between lows. Bottoms usually take longer than tops to form and patience can often be a virtue. Give the pattern time to develop and look for the proper clues. The advance off of the first trough should be 10-20%. The second trough should form a low within 3% of the previous low and volume on the ensuing advance should increase. Volume indicators such as Chaikin Money Flow, OBV and Accumulation/Distribution can be used to look for signs of buying pressure. Just as with the double top, it is paramount to wait for the resistance breakout. The formation is not complete until the previous reaction high is taken out.

Volume: 6,870,965   
Avg Vol (3m): 1,188,860   

[setravis]

What's up.....

Volume: 1,191,271
Avg Vol (3m): 1,083,100

Technicals
Last Price Quote is:
5.08%above 13-day EMA
12.69%above 50-day EMA
RS Rating: 92 

Fundamentals
Key Data:
Market Cap (M): $350.80 
P/E Ratio: NA 
PEG Ratio: 4.74444 
Next Earnings: 06/09/2006
Last Analyst Rating: Hold