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: Hippieslayer who wrote (8053)	4/27/1998 11:10:00 AM
From: Rob S.	Read Replies (2) of 11555

I still expect it to drop to around 11 by July, if not sooner. By mid week, maybe by tomorrow, it could be a short-term buying opportunity. I think the market will recover after a shallow (5%-7%) 2-3 day correction. The international markets are taking a hit. Asian markets pulled back ahead of the downturn in the US and S. American markets. The failure of the US market to deflect the Asian and European downturn could mean that it will feed on itself rather than there being a rotation out of one market and into another. quote.yahoo.com The extent of a correction is a difficult thing to predict. I expect it to be mild but it could run deeper.

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