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: country boy who wrote (10472)	8/12/1999 10:09:00 PM
From: Daveyk	Read Replies (3) of 11555

CB,tough call.Only 10 open 17.5's for August.Most of the money is pushing out further.Alot of new people will be picking up shares of IDTI next Friday from the looks of it.I came close to selling the 15's a couple weeks ago but the premium wasn't there then it ran so hard I decided to wait.I got in 3/23 at 5.125,alot of shares at that so you know I'm watching closely.I've thought about just selling calls till they take it away but will probably sell out of the money shortly after each expiration.Maybe Sept 20's on an up day if it doesn't just plain break out again. Looking at the stochastics we are trending up on the overbought side which normally means higher prices down the way.This thing isn't acting like the dog it's been over the past few years.Today didn't surprise me and neither would another shakeout before another run.Time will tell.Seems this is the one sector drawing money. Best,Dave Edit,Wonder if Rob has been watching?

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