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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: Chinacat who wrote (10034)1/25/1999 1:29:00 PM
From: brushwud  Read Replies (1) of 11555
 
Thanks for pointing out the -News- item, which went on to say:

IDT has removed all semiconductor manufacturing equipment from the
building and has begun decommissioning the facility as a semiconductor
chip plant. The decommissioning of the facility, which is adjacent to
Cadence's worldwide headquarters, is expected to be completed in April,
allowing Cadence to use the facility for additional office space.

> What's going on here? The fab was an overcapacity problem, but why
> would Cadence want to buy a Fab?
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