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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: Daveyk who wrote (8062)4/27/1998 8:27:00 PM
From: Rob S.  Read Replies (1) of 11555
 
I think IDTI will probably not go down much more before it recovers a bit. If your thinking of selling calls further out, I'd monitor the international markets and what the thinking (panic) is about interest rates - if the international markets stop selling off like they did this morning then we should get a move up. I would take that opportunity to sell the stock or sell more calls against it. If you plan on June or July, you may risk going naked on the calls.

I don't think IDTI will get on a substantial upward trend until into late summer or early fall. Hopefully by then they will show results from the production ramp. If the ramp is successful and IDTI shows fair prospects for selling them, then the stock is likely to move up regardless of the blood-letting in uP prices.

These are just my educated guesses - I have no infallible crystal ball.

I think some people have the mistaken belief that our discussions on this thread greatly influence IDTI's price. I think that may be slightly correct - particularly if we are ahead of the curve in revealing real influences. But how many times have we gotten excited about new products or company announcements, such as the IBM agreement, only to see the stock do nothing or the opposit of what we hoped. Let's not kid ourselves, the best we can hope to do with any consistency is to stay just a bit ahead of events that realy matter.
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