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

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Mar 29 5:00 PM EST

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To: John Post who wrote (7154)	3/4/1998 8:04:00 PM
From: Frank Povoski	Read Replies (1) of 11555

<Gee, did IDTI steal that big of a market share from INTC?!? GGG Ya the last new from IDTI: SANTA CLARA, Calif.--(BUSINESS WIRE)--March 4, 1998--Stronger than anticipated demand, particularly in OEM turns (orders from PC manufacturers to be shipped within the quarter), is expected to cause revenue and net income levels to rise sharply over our expectations for the first quarter of 1998, the company said today. "During the first two months of the quarter we have shipped over 5 million C6 processors which will result in over $300 million greater revenue this quarter. The shipments were due to a larger demand from our new OEM customers" the company stated.

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