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 (6755)	2/17/1998 2:24:00 PM
From: Rob S.	Read Replies (1) of 11555

I don't find it strange that IDTI hasn't come out with "weekly updates" on the progress of the C6 or tried to hype it to wall str. What if they touted every positive move they made with the C6 and then something unexpected happened, like a downturn in the general market, or the war heats up in the Pursian gulf, sending the market cascading? You could bet that the shark lawyers would then be out drumming up dissatisfied shareholders who thought they were dupped into buying the stock. as you pointed out, the current P/E looks high as the value is based on future earnings. If something disastrous happened in the market, IDTI could be hit. I would much rather see a steady accumulation of the stock into "stronger hands" than a quick blip up caused by wild shot-term expectations. Give me a "logical" move with "legs on it" any day.

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