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: To_A_Million who wrote (6066)	1/26/1998 10:53:00 AM
From: Steve Lewis	Read Replies (2) of 11555

I have been in IDTI long since Feb & summer 1996 and again in 1997. The reason I will likely stay in for a while is the fear that leaving too early with be like the generals fighting the last war: Since 9/95 the stock gone down and up in it's attempt to bottom and start up again. This is part of a larger down and up Semi cycle which should last from 1995 to 1999. NOW I realize that the trading range could have been played nicely, but that may not be the right move in early 1998 into 1999, especially after the April quarter. I would hate to get out at 16 and watch this thing go to 30. The biggest impact to IDTI besides their own business execution is the possibility of an Intel "showstopping, story stopping" event. Not likely right away IMHO.

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