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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 (10168)3/31/1999 1:45:00 PM
From: rairden  Read Replies (1) of 11555
 
Following Sam's footsteps...

as a small and mid cap investor not doing very well in this market.
Also wondering what will happen to all the traders when the big-cap
uptrend dissipates. But demographics may prevail in driving the
market upward for another decade. Will our investment strategy
ever pay off? I assume it will if these companies can eventually
show some positive earnings. I won't break even on IDTI until it
doubles and then some; I'm not averaging down any further. Nice to
see our LSI coming out of the woods, threatening to have a positive
P/E again. Fully expecting IDTI to do likewise and soon, assuming
all those "asset impairment and restructuring charges" are really
behind us. I guess we shall find out at 2:00 pm April 20th when
4th quarter results are announced. Nowhere to go but up, unless
WinChip turns into another expensive write-off. I still cannot
believe what people are paying for AOL, but I'm happy with their
$21.95/month service and wish them well.
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