IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: flickerful who wrote (4417)	10/25/1997 7:23:00 PM
From: Chi Pan	Read Replies (2) of 11555

<<So, if the previous sentence is true, will a softening in sram prices really affect IDT?>> no. beware the posters of grim predictions.... i.e. unfounded or irrelevant insights. 1. Short term stock price has nothing to do with the long term future of the company. I only referred to the possible short term negative of the memory related stocks. 2. It is not unfounded. We were predict a recover of RAM price from $5/per 4 MB in the third quarter to $8/per 4 MB in fourth quarter. However the most recent number from Taiwan shown $4/per 4 MB now. 3. I don't know whether you moniter the Phil. Semi. Index. Under Yahoo finance, the symble is ^soxx. Please look at the huge downward break.

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