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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: Lee G. Sommer who wrote (4866)11/21/1997 11:55:00 AM
From: Edward Leinbach  Read Replies (2) of 11555
 
Big Block Trades 11/20 : Trades over 20,000

11:00 - 25,000 @ 11 bid 7/8 by 1/16 Buy
12:51 - 26,900 @ 10 7/8 bid 7/8 by 0 Sell
13:15 - 375,000 @ 10 7/8 bid 15/16 by 0 Sell
13:16 - 200,000 @ 11 bid 15/16 by 0 Buy
25,000 10 7/8 Sell
25,000 10 7/8 Sell
30,000 11 Buy
44,100 10 7/8 Sell
25,000 10 13/16 Sell
25,000 10 7/8 Sell
26,900 11 last trade of day Buy
also about 10 trades btween 10,000 & 12,500 half buys - half sells

The buy & sell are my best guess given bid & ask at the time of trade , however
am not certain what really goes on with the market makers.

The fund managers play different game than us indiviual investors so it is hard to determine why they sell & buy. I look at it like insider trading , buyings is positive & selling is negative ( with possible extenuating circumstances ) .

Looks like someone sold 375,000 shares at once & then someone else picked up 200,000 shares at once . Who is right/ wrong . I certainly like to see 200,000 bought at once but of course I am biased to the upside.

Seems like the cuurent C6 is like training wheels , the future versions above 200 mhz will offer more potential. They better hurry - Henry acknowledged that timing is critical in the chip business. A least they are aware of this.

Maybe we could all chip in & raise enough money to give Henry a membership to Presidents Health club. Looks like the C6 is not the only chips he like to munch.

Hope this helps
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