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 (7399)	3/16/1998 9:02:00 PM
From: David Bogdanoff	Read Replies (1) of 11555

To all: In today's Christian Science Monitor's Work and Money section, there is an article on Mike Murphy of the Calif. Tech. Stock Letter in which IDT is discussed. MM has been recommending IDT and he goes thru an explanation of why a PE of 28 (based on $0.50 earnings in '99 and a price of 14) is not really high when the R&D research budget is added in. This represents some interesting publicity for IDT (it is not a recommendation on my part for MM or his stock letter). David

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