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: country boy who wrote (6982)	2/24/1998 7:00:00 PM
From: Woody_Nickels	Read Replies (2) of 11555

Can I add some to the TA? There is support at the previous highs at 13.50 - 14.00. It looks like we made a run at previous highs between 16.125 (in April '96) and 17.25 (in March '94). Today we closed right at the 50 day MA on a daily chart. Longer term charts (3/5 day) still look ready to move UP. In the absence of any significant news between now and EOQ, I expect the price to drift lower but still in range to challenge the $16-17 resistance. If earnings continue UP so does the stock! Maybe some anticipation of good earnings could appear in a few weeks. Happy investing! Ken

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