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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: Andrew Hunter who wrote (3265)7/31/1997 11:35:00 PM
From: LarryS   of 11555
 
My worry about IDTI is every time it get around 15 it has a large sell off and everyone says "gee I wish I had sold". Much of this rise is anticipation of the C-6 and other new products starting to help the bottom line. The trouble is the C-6 has been testing for a couple of months now with not one word of how good or bad it is. Nothing from IDTI, nothing from the press, nothing....what does this mean. The chip will be used in small off brands at first and hopefully because of the lower price will force others to also use it to be competitive (say by the 1st Qtr '98). But, where is the news...the stock price will fall back to $12 or below if just one negative word is heard about C-6's performance.
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