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: neverenough who wrote (8087)	4/29/1998 12:52:00 AM
From: Rob S.	Read Replies (1) of 11555

Do you really fell Fu_cked by IDTI? I don't think what the company was saying was that far off. It's more that investors got their hopes up prematurely. Great earnings growth hasn't happened quickly with AMD or Cyrix/NSM, so why should everyone think that it will be that dramatically different with IDTI? They have had some early problems getting the production to higher volumes and they did sound enthusiastic about near term prospects, but the competitive scenario has changed and prices have plummeted. These are things that to a large degree could only have been guessed at. Was management too enthusiastic? Yes, but not by that much; they said earnings would be flat last qtr. Were investors expecting too much too quickly? Your darned straight they were. For that part of it we can only blame ourselves.

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