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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 (7874)4/19/1998 12:44:00 AM
From: Dale Knipschield  Read Replies (1) of 11555
 
Rob,

With earnings release nearing, what's your outlook? What is the street looking for? I have a small position in IDTI, but have been in and out of IDTI over the years, both making and losing lots of money on separate trades. Am considering purchasing more, but am afraid to buy before earnings announced. So are a lot of others, apparently, as the recent narrow price range attests to.

Right now, I think a lot of cash is being spent to equip and support their new fab. When that place starts paying for itself + some profits, I think IDTI will move nicely. Do you have a view as to when that might happen?

Thanks,

Knip

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