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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 (8877)6/13/1998 8:56:00 AM
From: 5,17,37,5,101,...  Read Replies (1) of 11555
 
Rob, a while ago we talked about a share repurchase. At the time, due to a higher share price, I thought it made no sense because money would be more efficiently allocated to high growth segments. However, now at $7.00 I feel all segments of the business are undervalued. A share repurchase makes perfect sense, especially given low market interest rates. Management should announce a repurchase soon. Jackson
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