Tomahawk, WI 04/30/2014 (Basicsmedia) – LitePoint, a fully owned subsidiary of Teradyne, Inc. (NYSE:TER), based in Sunnyvale, Californiaannounced last week that Dana McCarty had joined LitePoint as Senior VP of Worldwide Sales. The subsidiary designs, develops and supports complex wireless test solutions for manufacturersof wireless devices and commercial electronics, contract manufacturers and wireless integrated circuit designers.

McCarty’s Reputation In Sales

Brad Robbins, the COO at LitePoint stated that McCartywould be bringing in a lot of expertise from both the test and silicon aspects of the wireless business, along with an exemplary track record of business development in markets around the globe. The growing promise of wireless technology coupled with McCarty’s zeal for the customer would allow LitePoint to continue sustaining their growth and innovation.

McCarty joins LitePoint after twelve years in a plethora of expanding sales roles at leading chipset provider, Broadcom; where she served as the Global VP of Sales. During his stintat Broadcom, McCarty was also engaged inTaipei, Taiwan as a Senior Sales Director and in Shanghai, as the VP of Pan Asia Sales. He holds a BSEE degree from the University of Texas at San Antonio.

On Being Oversold

Warren Buffett advises people to be wary when others are greedy, and to be greedy when other people are fearful. One of the ways we can attempt to calculate the level of fear in a stock is through a technical analysis indicator known as the Relative Strength Index, or RSI.  It measures the momentum of a stock on a scale of zero to 100, and typically a stock is considered to be oversold if its RSI reading drops below 30.

During trading on last Friday, shares of Teradyne, Inc. (NYSE:TER) crossed into the territory of being oversold, with an RSI reading of 29.2, after it changed hands at prices as low as $17.22 a share. In comparison, the present RSI reading of the S&P 500 ETF is precisely 50.6. Bullish investors might interpret TER’s 29.2 RSI reading from the week before as an indicator that the recent heavy selling is in the process of eliminating itself, and could start looking for entry points on the buy side.

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