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

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Mar 29 5:00 PM EST

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To: Rob S. who wrote (8307)	5/12/1998 1:57:00 PM
From: Steve Lewis	Read Replies (1) of 11555

Regarding: <Don't you remember the seasonal summer (almost like clockwork) pull-backs we have had in the semi and other high tech stocks?> I'm wondering whether it will be like 1996 with the big summer low (Nasdaq sellout) in July or more like 1997 when we saw some good rallies into mid to late August (before the Asian swoon began in earnest in the US into December) It will probably be different with my guess being that a down period (summer to early fall) occurs before a rise to a peak in spring 1999. (12-15 months after the lows were reached in 12/97). It's possible to see the market rise a little bit from here (June?) IMO after the scare from the Fed Reserve is over.

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