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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: SemiBull who wrote (11288)12/7/2001 10:51:51 AM
From: Rob S.  Read Replies (1) of 11555
 
Hmmm . . . some analysts seemed surprised by the downward revision in expectations. Duh; telecommunications budgets get slashed and the capital equipment markets in recession and they can't see it coming?

IDTI has support at the 27-28 level that might get taken out. I think it will hold above support at the 22-24 level because the longer term outlook looks for improvement latter in 2002 and financial picture is solid.
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