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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Manish Dharwadker who started this subject12/30/1995 3:29:00 PM
From: Stephen M. Neal   of 1139
 
This is another stock like MU which broke its long term uptrend line. It should have held 18 3/8. The fact it did not was very negative. Where is the bottom? I don't know. It could be in. It could be 8, it could be 4. There is no sign of one yet. All trends are down. Be very careful here. These stocks are trading vehicles at this point. If you buy and get a rally, get out at 18. There is a ton of overhead supply up there. Watch what happens on the next pullback and see if the analysts start recommending the stock. Until that happens there will be no trending action in this stock.
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