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Technology Stocks : Stock Swap

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To: roller who wrote (12043)2/12/1998 11:20:00 PM
From: Trader X  Read Replies (1) of 17305
 
Jony, re IDTI...is it real this time?

for 2 years this price has proven to be an iron door that always slams shut on poor IDTI, and there's nothing to prove otherwise this time around, either. BUT, this may be the time. Volume is good on this uptick, so who knows?

Once it does get above 15, if it does, I'd look for the next target to be about 20-21. First, A break over 15 is recommended before buying at this level.

One last thought...
IDTI has been building a nice long base for about 2 years, under $15, and that is something to build on, price-wise. Long price bases tend to create strong uptrends.
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