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

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Mar 29 5:00 PM EST

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To: Marci L who wrote (6176)	1/30/1998 10:54:00 AM
From: Marci L	Read Replies (4) of 11555

Here it is: Integrated Device Technology ($13) OTC: IDTI Jonathan Joseph, CFA (415) 627-2925 Rating: BUY IDTI gave an upbeat presentation at the NationsBanc Montgomery Securities Technology conference concentrating on growth opportunities from new products including the company's new Winchip x86 microprocessor and ClearLogic. Due to slight upside to possible x86 shipments, we are increasing our fourth (March) quarter EPS estimate from $0.03 to $0.04. Another $0.02 per share is possible but would be dependent on a flawless ramp of the product in the company's Hillsboro, OR fab. We are increasing our fiscal 1999 estimate from $0.60 to $0.65 owing to a better outlook in x86 processors. .

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