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: Mark Catalano who wrote (5802)	1/17/1998 8:08:00 PM
From: thom	Read Replies (3) of 11555

>So I guess you are saying that this stock will never push through $14-15 ever. It just trades between $9-$15.< My guess is that IDT goes through 15$ when (and if) analyst consensus is for earnings to be around .75/share. This is a PE of 20, which a strong growth stock should be able to carry. Since they earned 1.44 a couple of years ago, maybe they can get there again within 2-3 years. if so, that would support a price of 28-30, which is near it's all time high of around 32.5 (after the stock split). But of course, it's only a WAG.

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