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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: Weekapaug who wrote (5981)1/23/1998 11:25:00 PM
From: Stanley G.  Read Replies (1) of 11555
 
14 is not a nice position to be in short term I remember when I used to have positions in the low $10.00 range and even less and took profits, hope short term we see 15 plus. This stock has shown resistance at 15 lets hope it can break through. One thing that worries me is if inside traders in at the low $10.00 range want to take some short term profits at $14.00 - $15.00 (and nice profits they would be) and leave the rest of us out with negative positions for another quarter. Let hope not and See IDTI break $15.00 then take profits. Anybody watching inside trading let us know when they are unloading and taking 30-40 percent profits short term.
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