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: Charlie Tuna who wrote (5593)	1/8/1998 2:48:00 PM
From: Rob S.	Read Replies (1) of 11555

IDTI is showing very good price action - it has shrugged off the belated LB downgrade (buy to market outperform) and the bombshell about effects from Asia on Atmels expected earnings. It looks like the market is focusing on the differences between IDT and semis that have substantial Asian business or have commodity products and on future outlook. This reversal and bounce up is a short term bullish indicator and helps to confirm the longer-term chart TA. I think we are headed up.

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