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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: Christine Traut who wrote (4165)10/14/1997 9:47:00 PM
From: Rob S.   of 11555
 
Yea, nice story. I don't think IDT will catch on as a story stock - they have too many real products and state-of-the-art facilities and technology for that! Now, if they made claims that they could make parts that communicated internet data using telepathy, then the stock would certainly soar on wall streets expectations.

After Hours Trading

Intel is down about 5 in after hours trading; at the time of this post it's at 86 3/4. It closed at 91 13/16. Intel short sellers are probably out painting the town tonight.

IDTI is flat in aftermarket trading; last at 13. I take that as a positive sign that IDTI will not likely trade in sympathy with Intel.

Geeesh, when you are king of the hill earning the fastest margins of pratically any hardware company in history, a pull-back in market share and margins (were talking billions here folks) should be interpreted by the investment community as being a STIMULOUS to spur consumers into a great new electronics communincations age future.

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