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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST
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To: Henry Niman who wrote (6490)2/11/1998 11:38:00 PM
From: I. N. Vester  Read Replies (2) of 11555
 
IDT threadsters: check out VLNC which
is largely owned by Carl Berg as is idti.

no reports of berg buying recently tho
he owns something like 4M shares.
ex-ceo who recently retired sold
large position in the last 4-5 weeks.
We believe his selling has kept the price
price below $5. We think he sold in part
because he needed the cash to exercise his
options on 600k shares which he must
execute within 90 days of leaving the co.

like idti VLNC
was also creamed from $9 down to $4 since
Nov. Broke out to 5 3/4 on 4 times
avg volume today.

company will be the first to mass produce next
generation lithium-polymer batteries for laptops
and cell phones, if they do as they state which
is to start full scale production this quarter.
Their CC is next Tuesday.

Don Wolenchuck, who has liked idti a lot and is
a respected market timer is a big bull in vlnc
and reportedly has advised clients to double up.

check out SI vlnc thread if interested - reliable
info available there from longtime threadsters.

Red Chip review put out a B rating with a target
price of $18 in October, based on their analysis
of possible revenues. (stock was $9 then).

I think this stock might be a great buy.
I own a large options position. This is a
risky investment! (tho imho risk to reward
looks extremely good at this point)

***** CHECK THIS OUT AND INVEST ONLY AT
YOUR OWN RISK ********

I'm not a tout, I don't need your investment
for this sucker to keep going up. 400k shares sold
today. This info is for my fellow idti thredsters
to use solely at their own discression and hopefully
for their benefit.

Please don't flame me i won't mention this again....
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