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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST
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To: Charlie Tuna who wrote (7499)3/22/1998 9:35:00 PM
From: Edward Leinbach  Read Replies (2) of 11555
 
I don't think IDTI will trade below 10 ever again.

Reason we saw 9 last Nov is that the Nasdaq was in panic , year end tax loss selling. Also the prospects of C6 & Clear Logic were too obscure & far off to keep the market from dumping on IDTI. Obviously that price at 9 was indeed a buying op.

IBM news did not pump the stock up ( or just a temporary news spike) since it is related to the C6+ & the actual details are not even available. It would be nice of IDTI to combine with the IBM anouncement a story that the C6+ is out & hot & ready to move into mass production. Then the stock might have taken off to higher climbs.

Does anyone have a guess at what sort of number IDTI will come out with on April 22 . This should be a very important quarter to show the street what sort of progress is being made with all their new products. I assume IDTI has very little business tied to Korea , Japan , & SE asia. ( ??? )

PS . I have a new desk out on the back patio , so now I can watch & research the market in the cool morning & evening hours outside. Man what a country , the net is hot , ( no porno , thank you ) , the beer is cold , & life is grand .

Anyone got a hot new stock to follow ?
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