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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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From: Stephen M. Neal3/20/1996 10:00:00 PM
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Well, my friend Jim, who is a former oil analyst really likes OII. Also, RDC is meeting with analysts next week and he expects it to take off. IBM looked weak today with a failure swing, ACTL looks iffy. MU and IDTI still in neutral and bad news: Cirrus Logic is laying off 400 employees. However, I like WIND, bought some more at 30 3/8 and I like OCTL on a pullback to 43. I am trying to get my homepage up. When I do I will let you know. It will be devoted entirely to stocks and trading ideas. SII made new highs today and J. thinks it is headed into the 30's. When IRAQ comes back on line and oil spikes down, look to buy some of these drillers. There are dozens of them. NDCO, OII, PKD. Most are still cheap. Price Costco is breaking out also. Watch out for the bond market, I think the secular upmove in bonds is over and interest rates will now very gradually work their way higher over the coming years. Keep the faith.
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