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: Rob S. who wrote (8007)	4/24/1998 9:14:00 AM
From: Tom Cannon	of 11555

I have made a lot of money trading IDTI and so have some of my friends. In December IDTI was obviously underpriced at around 9 1/2. It was a no brainer to buy at that level. Did anyone on this thread not see that? It has moved 40% since then. That's a hell of a good return in just 4 months. It's not underpriced now. So buying now must be a long term committment (12 mos and longer) in the hopes that IDT manages to regain convincing, strong, earnings growth. Anyone who expects the price to go to 16 or higher in the next 6 months is just gambling. Of course if IDTI returns to the $10-$11 range (assuming their business prospects don't change) then buy in. I will.

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