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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: Charlie Tuna who wrote (4426)10/26/1997 8:05:00 AM
From: Chi Pan   of 11555
 
Charlie, I agree that with C6 IDTI is the strongest among those SRAM makers. Just compare the price movement of CY and IDTI. However, if you talk about longer term (2-3 year) when IDTI can sell about 4 million C6 & C6+, I can say 1) it is just your expectation right now; 2) for "long term" investors who are willing to hold for years, IDTI is ok; 3) for short term and guys invest short term, there is still down side risk.

As far as my play, so far I think I am right. IDTI did drop from 13 to under 12 now and I am so afraid of a short term break down to 10.
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