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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: Rob S. who wrote (8072)4/28/1998 7:30:00 AM
From: Frank Povoski  Read Replies (2) of 11555
 
It looks like the European markets took things in stride and rates stopped their slide. It does not look like a bloody day at this point and I am sure that IDTI will recover some of the lost ground yesterday.
I still think that we will not get back to the lows we saw in the stock after the asian blow-off. There is just too much the company has done recently in diversification, to see those valuations. I again think that Brian has put a conservative view on the future and to temper the rather aggressive $.45 some analysts had put on the company for FY99.
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