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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST
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From: Silicon Master3/3/1996 10:21:00 PM
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I don't think their days are over at IDTI and CY. It's only a few
years ago that they did poorly, but they came back strong and built
an enviable structure and capability. These Silicon Valley companies'
managements are well seasoned to steer through tough times like this.
In fact both of them already invested heavily in other areas and are
slimly operated. SRAM prices will likely stabilize in time when their
competitors are forced to turn a profit. Eventually demand will also
picked up and these two companies with their expanded capacities will
reap the most benefits. I predict anyone buying IDTI at about $10-12
will net him or her 100% profit in 6 months.
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