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Technology Stocks : IDTI: More than an SRAM company
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: flickerful who wrote (22)10/1/1997 9:19:00 PM
From: johnny boy   of 70
 
Randy,

Welcome to the progressive thread! Somebody called it
that, or at least "cool". Anyway, I don't think the
little downturn is to be taken as IDT specific, just
general jitters applied by association to a weak little
stock. I say weak only in that it has no really recent
earnings history to shield itself with. Until the track
record begins to get reestablished IDT can be hit hard by
association, like AMD earnings, DRAM price issues (even
though IDT sells SRAM), etc.

I have a hunch we'll be in for an earnings surprize, not
major but a little better than expected? Maybe that is
why IR is seen to not so talkative? Wishful thinking?
Maybe. We'll soon see.

Here's an off the wall question: Does anybody think IDT
will ever get bought out? Sell or merge? Just an esoteric
question.

You know, the nice thing about IDT is that you may not get
rich quick being long, but you probably won't lose your
shirt either and still you have a chance to be associated
with a real rocket someday if it begins to turn around from
all of the diversification efforts now underway.

JG


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