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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: David Bogdanoff who wrote (10335)6/24/1999 10:39:00 PM
From: musea  Read Replies (1) of 11555
 
David,

Thanks for the pointer. Murphy has been bullish on IDTI for quite a while, if I recall correctly. While I hope that he's right now, I don't see any reason for him to be more right now than before. But I will read this to see what he has to say and if anything has changed. The truth is, there are lots of positives about the company but I believe that the (correct) response of the street is now, "Show me the money." I do like the recent (excluding the recent declines) price action. I was a big (for me, ha ha) buyer of IDTI down to 5 last year. The stock has been good to me this year, so I can't complain.

I would like to see something come of all the investments that IDTI has made in things like the WinChip and ClearLogic. ZBT memories would be a nice thing if the prices would start moving in the right direction because they have been successful in creating a standard of sorts. My belief, which keeps my in the stock, is that some of these sorts of investments will pay off and the stock will rise. A rise to 15 or so would represent a handsome profit for me.

-musea
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