IDTI - Dark Horse For '96 ? Message Board

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Technology Stocks : IDTI - Dark Horse For '96 ?

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: Marshall who wrote (979)	3/18/1996 9:15:00 PM
From: BULL	of 1139

Marshall, I hear on CNBC this morning (SQUAKBOX) and they were quoting one of the brokerage firms (I don't remember which one?) that there has been a shift upwards in DRAM prices and other memory chips. This may have helped fuel up the whole tech sector today, since it may signal that the demand is starting to exceed the supply side (recently hurt by dumping from the likes of INTC, TXN, and others). I think the Horsey should be moving towards a retest of $15 in the next few weeks, with a few sputters here and there. Since the tech rally has started early (I and others were expecting it in April, after the quarterly window dressing), and assuming a stable environment (no negative surprises from Fed or in China), NASDQ will continue to rise, and I believe that some of the funds will be forced to jump on the wagon to make sure that they keep up with the averages, and to show in their portfolios some of the stocks that are regaining leadership in the market. Someone mentioned Liz, the poor soul is probably covering her short position.

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