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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: Michael D. Christian who wrote (9528)9/4/1998 1:13:00 PM
From: Rob S.  Read Replies (1) of 11555
 
I think that is very plausible and probable. For the next 3-4 months there are other stocks that are likely to go up more - I still expect IDTI to stay in an upward biased holding pattern as they try to lower costs and get something going with the WINCHIP. The WC has been a real example of misjudgement and failed execution. The product had a lot of good thinking behind it but has miserably failed to capitalize on the potential and windows of opportunity. I will "believe it when I see it" when it comes to performance on that front. otherwise, IDTI has a solid business in other products that should do well as they enter 1999. Their trimmed down cost structure should help them make profits.
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