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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: Rob S. who wrote (6913)2/21/1998 12:09:00 AM
From: Gordon Quickstad  Read Replies (2) of 11555
 
$30 in 18 months? Very possible, but IDTI is living in the shadow of Intel which will make it a volatile ride.

On the up side, IDTI may have a fantastic opportunity to capitalize on AMD's yield problems. Also, the C6 may well turn out to be a chip of choice for portable applications.

On the down side, they start to run into the socket 7 obstacle of 300 Mhz and the non-dedicated cache bus (although that may be solved by internal cache). Also, they are at the mercy of Intel's announcements.

But, the company taken as a whole with all its projects, leads me to believe that $30 is very doable.
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