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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: Nick who wrote (8000)4/23/1998 8:44:00 PM
From: Hippieslayer  Read Replies (1) of 11555
 
If i'm not mistaken,idt admitted sector weakness across the board.
Until Idt shows "earnings strength" an not product acceptance or all that other techno babble, it will stay put if not drift down.
I can bet you that those instituitions or individuals who bought several weeks ago when we touched 16 aren't too happy.
We are still in the vicious pattern this stock has been seeing over the last two years. I think that the fourth quarter of this year is where IDT makes it or breaks. Otherwise, IDT becomes a has been, a would've, should've, and could've that will just break even.
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