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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: Donald B. Fuller who wrote (10032)1/25/1999 11:27:00 AM
From: Donald B. Fuller  Read Replies (2) of 11555
 
It is with great pleasure that I remove IDTI from my SI bookmarks. I dumped my last shares today after having taken my initial position in late 1995. They have been re-deployed as INTC shares. I cannot fault a company that suffers due to overall market conditions but this company committed two mortal sins IMO.
(1) Promising far more that they delivered - multiple times
(2) Fuzzy headed strategic planning - multiple times
The last earnings report was my last straw - esp re: Winchip. I decided I'll pay the INTC premium because I have never seen them commit the offenses cited above. Good luck to those brave souls that remain. Maybe I primed the pump for you.
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