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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: Rob S. who wrote (7565)3/26/1998 1:19:00 PM
From: Harold Engstrom  Read Replies (2) of 11555
 
As a trader maybe you are doing the right thing Rob. I agree that earnings are the key to this stock moving much higher. But, I don't think that it will take much in the way of earnings to move it much higher. This quarter is a proof-of-concept quarter. If IDTI turns in solid earnings in line with expectations and the balance sheet compliments those earnings, then I do think more investors on the sidelines will pony up. When IDTI does move, I think it is really going to move - a few points at a time.
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