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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 (8726)6/4/1998 11:05:00 PM
From: Rob S.  Read Replies (1) of 11555
 
Well . . the TA on IDTI is as low as it has been for the past few years and almost as low as most indicators will go. I guess it could mean that IDTI is in line for at least a "dead cat bounce". I'm sure that some technical traders will see this and jump on it - hard to tell if bargain hunting is enough to stem the tide of sellers quite yet but it should be soon. My guess is that it will move up a point or 1 1/2.

With so little info from management and not that much trust in what they have to say, my predictions on IDTI are more speculative than usual.
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