IDTI - an IC Play on Growth Markets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Taut Knot who wrote (11378)	4/14/2002 12:48:52 PM
From: Rob S.	Read Replies (1) of 11555

We will probably see a spring rally but then I suspect the SOX heads lower through the summer. The market has a memory but reality is not matching up to expectations. With growth of about 4% in PC sales expected in 2002 and growth in telecommunications related areas probably ending down 5%-10% for the year, there is nothing on the horizon other than inventory adjustments to fuel the sector. I just imagine that as results and guidance comes in during the next couple of quarters that disappointment will be the result and along with it a reduction in multiples. Right now we are at the bottom of the trading range and there is a good chance for a rebound on a technical trend and easing of Middle East tensions. You'll probably come out by trading the range for a while but I'd think twice about building long term positions yet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next