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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST

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From: BULL3/10/1996 2:41:00 PM
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Mark

my analysis of Friday's action is that fund manangers were rotating money from hot stocks (such as large cap DOW stocks) to beat up stocks such as technology stocks and the semis in particular since they have been beaten up so much over the past six months. So may be we have seen a bottom for stocks like IDTI for the short term. Let's hope we can get through the end of March without too much damage. I have a feeling this horse will start to move in april because the bad news have been overemphasized and factored in the price and the good news (e.g., RISC chips) has not been factored into the price.
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