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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: Prasanna L Soni who wrote (3747)9/24/1997 7:24:00 PM
From: AJBurl   of 11555
 
They are the only bid on the instinet for three days. The houses are are one by sixteen and merrill is the one. Every time it slips, Merrill shows up on the box. In addition, everyone should read the ALSC messages and you will see why IDTI gapped up today. The commerce department is trying to impose a tariff on Taiwan SRAM products of 50 some odd percent in response to a filing from MU. This is the main reason for the pop, but I do no know any of the details.
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