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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: OldAIMGuy who wrote (2128)3/24/1997 5:55:00 PM
From: Rob C.   of 11555
 
Mr. Wiz,

Maybe the first quarter the market at times was a bit "irrationally exhuberant" but after the interest rate hike, IMO we will see "totally irrational exhuberance", buying will be like wild fire if today's action was any tell tale sign. The techs will again have their day, but earnings are going to have to be met in order to maintain a high stock price. The promise of earnings, is'nt going to cut the mustard. With all this crap said, if IDTI meets or beats the street this quarter the price will easily run to between 17 and 20 IMHO.

Regards,

Rob
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