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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST
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To: Norrin Radd who wrote (955)3/15/1996 9:54:00 PM
From: BULL   of 1139
 
Tom,

I also think that we have completed a double bottom on the SOX index... I think the market was waiting for MU's earnings for conformation that the sky is not falling... I heard that there were whispers around Wall street that MU's earning could be even a loss (how rediculous!), while others where looking for $0.60 and since actual earnings were around $1.0 which is not too far from First Call estimates, the fears have eased. I am optimistic about next week... I think the horse will be out for a stroll.
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