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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: Water Goldman who wrote (2223)4/8/1997 10:47:00 PM
From: BULL   of 11555
 
"IDT's plan is to grap the market share of WEB TV. When demand on performance is up, it's going to sell more powerful MIPs and make some nice margin there. I target IDT at $14 in six months and may be a $20+ in one year."

Water,

This company is surely one the quietest tech companies. There has been no press releases since last January (jan. 16 was the last one which announced their earnings)!! Are they avoiding visibility or what? This can be viewed as somewhat negative since it appears that for the past three months IDTI has not been able to announce any new products, contracts, design wins,... etc. I sure hope that May brings us some big surprises.

I continue to hold this stock but I am a bit concerned that the worst is not yet over. I will look to add to my position around the 9-9.5 range.

Adam
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