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: To_A_Million who wrote (6066)	1/26/1998 10:49:00 AM
From: OldAIMGuy	of 11555

Hi S. I've owned my IDTI shares since 8/96 when I bought into it at $9.50. The price is up about 26% right now, but with some reasonable inventory management, I've managed to increase my position by 30% and have an indicated profit of 42%. My account is also fully invested, meaning that there's no surplus cash reserve available if the price dips again. I'll start rebuilding my cash reserve above $13 by selling off some of the inventory. Since 8/96, I've made 15 such inventory adjustments, nine of which have been buys while the remainder were sells. So, while the stock has been treading water, I've been able to profitably manage the total inventory. Long term goals are to own the stock as long as it looks like they are in the doubling mode on Sales and Book Value looking three to five years into the future. In other words, I could own this stock a long time! Best regards, Tom

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