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 (6245)	2/2/1998 9:49:00 AM
From: Steve Lewis	Read Replies (1) of 11555

Rob S.-->Keep those opinions flowing. One IDTI area that has been noted but underemphasized is the graphics chip. I have zero inside information, however if they are able to make a "raise the bar" improvement, get some large customers (ie. Apple) then this may continue to help propel them forward. I would be surprised if the stock price just stayed up (& didn't bounce down a bit). However I am probably not interested in getting out at 14-15 myself (temporarily), given the potential new valuation "the street" may give this company. I was also struck by the 3X volume on Friday. If the stock does go down in March into April, we should see a recovery from a good financial report from lower R&D, C6 contribution and firming prices overall. A Seasonal Question--doesn't the tech market generally peak in April/May and then fall back until the summer rally?

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