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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: flickerful who wrote (3762)9/25/1997 1:59:00 PM
From: Rob S.   of 11555
 
I had a chance to speak with IDT's IR dept. today. They are in the "quiet period" and wouldn't discuss earnings and sales forthis quarter except to say that the company did not expect any revision in the guidance already out. IDT is very pleased to have gotten the contract for the WebTV product and believe that their is quite a bit of value added capability that seperates it from commodity RISK parts. They said that it should be very profitable business and they have high expectations for the coming year, although they would not, understandably, quantify that.
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