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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: Stu E. who wrote (10662)1/12/2000 5:51:00 PM
From: shoe  Read Replies (2) of 11555
 
Well IDTI is getting close to its all-time high of $33 (post split). Do they announce earnings on 1/24? Estimates are 24½ for Q3 and 32½ for Q4 in March, eventhough they made 41½ last quarter. If they come in less than 41½ I wonder how the market will react. Also, the next Federal Reserve meeting is February 1st. I think another hike will kick us in the teeth for awhile. With housing starts and financials going down as a result, the economy should start to slow down.

Sure tempting to sell right now, but I'm trying not to jump the gun.
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