IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: Daveyk who wrote (10328)	6/22/1999 11:34:00 PM
From: musea	Read Replies (1) of 11555

Dave, You wrote: Musea,the sector has been running.As far as what's driving IDTI my guess is just that;sector rotation.Prices are firming so I'll let this puppy run till it runs out of steam.A reversal day will probably be signaled by large volume and little or no upward price movement.That's been the way IDTI has fizzled in the past.By large volume I'm looking at 4 times the average daily volume,then it's time to move on. Thanks for the response. I have a bit of difficulty reconciling the jump in price to sector rotation; perhaps it's that combined with something else. I own a significant position in this stock, so anything in the plus direction is welcome. I just don't want to be left in the dark. Good comments about the fizzle point. I will look for that. -musea

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