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: rairden who wrote (10818)	8/12/2000 7:30:13 PM
From: Rob S.	Read Replies (1) of 11555

IDTI has one of the strongest technical charts among the semi and tech stocks. It shows very good relative strength and accumulation indicators. One word of caution is that it can be expected to meet with resistance as it approaches previous highs. This may prove to be more of a problem if sluggish market conditions persist. I would avoid buying higher than 65 and wait for it to break out above the previous high on better than average volume. If you are considering taking profits, there is a fair chance that the stock will soon see the low 70's - take profits then and buy back on a break out above 74.

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