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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 4:00 PM EDT

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To: Dahmane Dahmani who wrote (1094)4/25/1996 2:52:00 PM
From: Getrich Won   of 1139
 
Dahmane,

MU will be my indicator. Remember, MU started to move lately and IDTI started to move. That means funds or traders are moving with the momentum. They are moving now into the RAM stock (most beaten semi-stock). If MU start to drop, we should anticipate a drop in IDTI. But IMHO it's just gonna be a dip and should be moving back up shortly. Reasoning: most people have sold their share at the low (because of analysts downgrade) and now they want to buy back the stock at a higher price (because of analysts upgrade).

I agree with Adam's point of view and his theory really work (IMHO 90% of the time). And therefore, the time to sell is right after all analysts raised IDTI or MU or ALSC or CY, etc. as a Strong Buy. Watch the news closely and don't be greedy.
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