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: Hippieslayer who wrote (6479)	2/11/1998 9:21:00 PM
From: Philip W. Dunton, Jr	Read Replies (1) of 11555

Fugazi--the last time IDTI was up in the 15 range, everyone on this thread was a roaring bull. Now, most are looking to take profits and buy back at lower prices. That tells me this puppy is going higher. I think you are ignoring the volume. 12 million shares over a two day period is quite impressive. By the way, I sold my position at 15.25 on 5/27/97 based upon Michael Murphy's newsletter saying that INTC would sue IDTI and it would go back to 10-11. While Murphy was wrong (as he usually is), the stock did go down so I got back in at around 9 on the last trading day of 1997. Tomorrow might be the big breakout we have all been waiting for--out of the huge 3 yr 9-15 base; or this might be just another big tease and the stock will puke on itself once again. Take you choice. PD

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