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: Bald Man from Mars who wrote (8403)	5/19/1998 8:48:00 AM
From: 5,17,37,5,101,...	Read Replies (2) of 11555

Bald Man, That rambling barb of mine wasn't directed at you. Please treat it as the nonsense it appears to be. About IDTI, I have the largest position I have ever had. I know the tech sector has hit the bumps lately. The market looks droopy. IDTI isn't much different. One can make a very bearish case now for stocks. But one can make a bearish case anytime and make it sound very convincing. The number of people who expect a market correction here is very high. When they realize that this market isn't quite ready for a meltdown, they'll all jump in again. IDTI management has done what many tech company managements would have failed miserably to do: build a plant, ramp up x86 processor production, develop strong logic business, develop CL -- while breaking even on earnings. Of course, the stock was sliced by ~65%. But at this point most of their capital investment is in place and much of the initial risk is gone from these investments. One question: will insiders step up to the plate again? If they do, I'll double my investment. Jackson

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