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: Rob S. who wrote (6048)	1/26/1998 5:58:00 PM
From: 5,17,37,5,101,...	Read Replies (2) of 11555

Maybe the trading days are not over, but I'm betting they are, replaced by an extended move up here. My reasoning is as follows: 1) Asian flu/crash blew a lot of the weak holders out; 2) Insiders bought to the tune of about 800,000 shares; 3) The time is fast approaching when new product profits will hit the bottom line (assumption); 4) Interest rates are low. I sold some of my position at $10 (to lock a profit from basis $9.5) because I was margined and could kick myself for doing so. On a move back to $10 I will be a buyer. Jackson

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