IDTI - an IC Play on Growth Markets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Tesorero who wrote (9497)	9/1/1998 4:08:00 AM
From: rairden	of 11555

Dave, My hit today was nearly as bad as yours, but mostly added insult to injury, given the slides I've endured for months in IDTI and LSI. And now my beloved Cisco gets whacked. Perhaps a little rethinking of investment philosophy is in order, i.e., maybe I shouldn't be 100 % invested "going for broke". Maybe I should not have rashly taken all of August's paychecks and bought a couple hundred more shares of IDTI at 4 7/8 over lunchtime. But my lifestyle changed very little during the glory years of 1994-1996 and it won't change much now. Imagine Bill Gates' "loss" of $4,000,000,000 today. Ok, not the same thing. The serious questions will come when IDTI regains profitability and trades upward 50 to 100 % say next spring or summer. Yeah , call me an optimist, but these shares are oversold. There will come a time when IDTI again trades at 52-week highs and a decision on where to sell will have to be made. I suspect for those of us who weather this downturn, the tendancy will be to sell too early. Right now I cannot imagine ever seeing $15/share again let alone the all time highs of $35. Still I know that stranger things have happened. I'll ride along with Perham and Berg on this one. (Caution: the preceding discussion contains forward-looking statements. Actual results may differ materially. Duh.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next