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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: Jin Chun who wrote (4067)10/13/1997 1:13:00 PM
From: Charlie Tuna   of 11555
 
Rev cy98 ~120 million with ~70 million gross profit or ~75 cents
per share or DOUBLE CURRENT EARNINGS PROJECTIONS.....SO.....
PLACE YOUR BETS ......and do not forget about AMD's projected
mountain of gold.....but AMD really blew it on mfg and on pricing.

Big Question is what will it take for the stock to break out?
Any speculation is welcome.My guess is when the analysts start
to see substantial orders/shipments of the C6.Any info on
product availability would be nice to see.

From a T/A perspective the IDTI chart looks bad and this may have
an effect on the ascent.Also the trading range has been HUGE and
it will take a MAJOR BULL RUSH to breakout.Checkout the open
interest....very much BULLISH.

Charlie
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