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: Jim Oravetz who wrote (10811)	7/28/2000 5:44:22 AM
From: JDN	Read Replies (1) of 11555

Dear Jim: Makes sense to me, my understanding is that many institutional investors are now sitting on the sidelines waiting to reenter the market at the expiration of the July options (today) so, if one is a reasonable gambler seems to me best move (if not already out of the stock) is to sit tight and see what happens in the final hour of trading today or maybe Mondays opening. This stock is down now from around 75 to under 50, seems to me shouldnt be much more down side left and if it turns out market way over reacted (which is my personal feeling) pretty good upside might be left. Now, I am saying all this without knowing the economic numbers coming out at 8:30. If they are really strong, that makes a whole new ballgame. JDN

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