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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: chartseer who wrote (9948)1/7/1999 6:20:00 PM
From: Rob S.  Read Replies (2) of 11555
 
It has nicely punched through resistance at 7+. If it is able to keep above 8 for a while, the next major resistance is at 10-11. I have not been following IDTI closely. It looks like management has been making fewer frothy promises and keeping to the basic business.

Is IDTI still planning to come out with a C7 part? Looks like the competition is good and cheap (K7 and improved Celeron & PII).

The strategy I talked about a year ago - of putting more memory on-board the uP - has come about as the major strategy of both Intel and AMD. I would have though that high-speed memory expert IDTI could have played well in that strategy. I guess they have to learn how to deliver on their uP promises.

It should be a fair-good investment through 1999. Good luck.
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