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: Xianming Liu who wrote (8754)	6/5/1998 8:50:00 PM
From: Lockhart	Read Replies (1) of 11555

This weeks stock performance has been quite a shock (to me at least), but looking at the numbers it appears even more surprising. Book value is currently $6.78 per share, Price/Sales is just over 1.04. Either there is much more bad news to come, or this stock is undervalued. Certainly the valuations of a few months back were based on promises of good things to come, and they didn't arrive. The above figures suggest that the marketplace has changed and there are very low expectations for the future. Is the outlook really that bleak?

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