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: Philip W. Dunton, Jr who wrote (7480)	3/21/1998 3:46:00 PM
From: Woody_Nickels	Read Replies (2) of 11555

PD, in Post #5999 I referenced a 37% institutional stake in IDTI. Re- action to the IBM deal has been interesting, but the potential for significant earnings improvement this year is great. Perhaps the over- all tech malaise rained on IDTIs party, for the moment. Maybe the details of the IBM deal are not as favorable as hoped. Remember, as a low cost producer IDTI must control costs to make money, and out- sourcing cuts into margin. IDTI is holding up well during this period of earnings warnings, and, unless IDTI pre-announces I would expect IDTI to remain in the $13-15 range, from which its fortunes will rise. Ken

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