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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: Yeren Xu who wrote (2212)4/6/1997 4:55:00 PM
From: Rob S.   of 11555
 
I don't think that it will matter more than a point or so. WebTV is an exciting product but it will take a couple of years to build to large volumes of sales. The IDTI MIPs procesor sells for around $30, so they will need to sell lots of them to have very significant impact. Last year Sony and Philips combined probably sold about 300,000 units. They introducted the product in September. If they sold 1 million units this year, which is just my guess and is probably high, that would add only $30,000,000 to sales for IDTI. Nice, but not that nice to propel the stock price that much.
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