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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: Samuel R Orr who wrote (10086)2/11/1999 8:20:00 PM
From: Stu E.  Read Replies (1) of 11555
 
Sam, thank you for your thoughtful response. I'm sure most longs on this board hope your price target for idti is accurate. But that said, I must admit that my expectations for this company have been scaled down. I too fear that even a dynamic bull cycle in semi's will probably not be enough for idti to once again see its old high in the 30's.

While idti is my only semiconductor industry stock, fortunately, it is not the only semi stock in the portfolios that I'm managing for my kids. They own Intel, LSI and Micron which hare doing well, but I expect idti to outperform over the next 12 to 18 months. Call me crazy but I'm following the bets the idti insiders made even it they bought early.

Good luck
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