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: flickerful who wrote (7090)	3/2/1998 4:51:00 PM
From: Rob S.	Read Replies (1) of 11555

You've got my e-mail. I've started to get a few earnings warnings announcements from some high tech companies. Most of these have some exposure to Asia, either as markets for products or because they have build contracts there - such as wireless and cable companies. It has taken several months for the effect of the Asian financial tightening to be more fully felt. I expect this and next quarter to be lousy form some companies that are heavily exposed and then for things to start looking better toward the end of the year. This impact of the "Asian flue" could catch enthusiastic investors by surprise and may effect the general market sentiment for semis and semi equip stocks. I sure hope so as I should be ready to jump in.

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