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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: Harold Engstrom who wrote (5891)1/20/1998 9:57:00 AM
From: Steve Lewis  Read Replies (1) of 11555
 
IDTI has shown itself to spend R&D money to diversify in the last 2 years. The fact that they don't have major extra R&D outlays now is positive & points to better financial peformance in the near term. ("you place your bets and then you see the results")

The game they are in though will be, in part, a R&D driven one and their reach into memory, graphics, DSP, risc, etc. will require more R & D down the road. Another good news interpretation is that they have been investing in gearing up new products yet they still had a positive report.
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