IDTI - Dark Horse For '96 ? Message Board

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Technology Stocks : IDTI - Dark Horse For '96 ?

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: BULL who wrote (845)	3/6/1996 9:43:00 PM
From: Norrin Radd	of 1139

Adam, Well 8 is just an idea that we may retest the bottom before all is said and done - I doubt if it will actually reach 8 unless the NASDAQ corrects heavily during the next month or two (which it may do). I don't really want to see 8, but if we do I'll double my position in IDTI. After all, the horse's feelings may have been hurt by some of the talk lately, so it may decide to punish us in the short term. Thoroughbreds are moody like that. I like XICO, it looks ripe too. Good projected earnings, P/E is low teens, good products. EXAR doesn't look as good to me as XICO, but they have improved margins recently with some acquisitions and the chart does seem to have been forming a bottom for a while, so it may decide to break out at some point. I think an interest rate cut is what the doctor ordered to counter the short term time cycles pointing down for the next couple of months for the NASDAQ.

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