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: Daveyk who wrote (7992)	4/23/1998 4:17:00 PM
From: Rob S.	Read Replies (2) of 11555

Good move. I thought of selling naked ccs this am. I was thinking about July or August 12 1/2s, figuring that I could cover sometime between now and then. I think some of the institutions are unloading shares - trades of 75k, 25k, etc. are going to the downside. If that's the case, IDTI could go much lower. That could be happening ahead of analysts revisions - they will first work with their institutional friends to get them out and then broadcast to the bad news to the small fries. If we see a move down to around 11, I will probably jump back in. I think there is another leg of the rally left before any significant pull-back. The concerns about interest rates could cloud that view.

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