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: Rob S. who wrote (11300)	12/12/2001 12:50:16 PM
From: Return to Sender	Read Replies (1) of 11555

IDTI is currently my largest holding. I believe that the SOX is doing quite well by refusing to sell below the 200 Day MVA. It has been bouncing along that level all day. stockcharts.com[h,a]daclyymy[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lk14] Of all the semiconductors IDTI remains one of the most oversold on a short term basis. Assuming that any further weakness on the SOX is limited in nature I am still expecting IDTI to be back above 30 by the first or second week of January. My actual target is 35 but I will take less. We may get a profound January effect this year as well as money on the sidelines pours in afraid to miss out on any actual economic recovery that may take place in 2002. If that happens then 35 could be conservative as an upper target for IDTI. RtS

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