IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: Xianming Liu who wrote (7962)	4/22/1998 9:03:00 PM
From: Michael D. Christian	Read Replies (1) of 11555

To: Rob S. and Xianming Liu, does recent rebound by INTEL, CY, AMD offer any indications of this group for IDTI? If I look at recent bad news out of these (and VLSI), I think I see a common theme of a short dip followed by recovery due to optimism looking forward. Is the bigger concern internal issues (operating cost, market penetration, ability to deliver design and product) over the recent Asian market impact and PC slowdown? Your opinions please? With this said, do you think we will stay above 13 tomorrow with a recovery to 14.5+ by the end of the day due to long forward looking buyers? Buys late today at 14.5+ seem to be positive indicator?

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