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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: Edward Leinbach who wrote (7501)3/23/1998 12:11:00 AM
From: tom jones  Read Replies (1) of 11555
 
To Edward and all: Revenue and earnings for IDTI this quarter.
I hope for revenues over $150 million.
Zacks has an earnings per share range from $.03 to .07 and average of .04
I think earnings could be $.10
I saw someplace that IDTI is going to spend less on research and other expenses. The C6 should start paying for itself. An increase in sales of their communications products should give us this ten cents.
Revenues could be more important then earnings this quarter. If revenues are not what the street expects the stock price will go down.
With this news about IBM I don't think net profit margins are ever going to be high enough to send IDTI soaring.

Hot new stock? Check out LTGL if you like penny stocks but be careful. I don't know if they are for real.
Subject 14076
Tom
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