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Technology Stocks : ISDI - A voice to be heard?

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To: Tony Ferracane who wrote (29)1/21/1997 12:46:00 AM
From: Eric Hong   of 54
 
Tony, Long-term prospect for this stock is excellent. With its recent design wins with major wireless communications companies, I envisioned that every cellphone equips with their 4-min voice chip someday. Personly, I think Dan Klesken's earning estimate is too conservative and I see plenty of upside earning potential for this stock in the long term. For the short to intermediate term, some pull back should be in the works. It has risen from $6 1/4 last November to 8 1/2 now, some profit-takings should ensue. I don't think it will pull back below 7 1/4, its intermediate support. If it breaks $10 then the next resistance will be $12 3/4.

The next big thing for this company is its 4x EPROM technology, if it can successful commericialize this technology, then the prospect for this company will be unbelievable. Their market scope will expand greatly with it. I am still bullish on this stock, just waiting some pull back to add some more shares.

Eric
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