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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST

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From: BULL3/29/1996 11:37:00 PM
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Daniel,

IDTI has already announced that their earnings will be below street estimates a week or so ago..they gave new range (0.36 - 0.42, actually 0.42 is the low end of the street estimate).

Do you feel that the earnings will be significantly below $0.36. If so why? The market has already factored in the lower earnings for this quarter. It will not be long before people start looking at the second quarter. I think the key will be what IDTI will say about their projected forward earnings as part of their quarterly earning report. Does your crystal ball indicate a slow 2nd quarter? If so, then we will not see a move to $15 range till mid summer.
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