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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)4/1/1999 9:36:00 PM
From: David Tesorero  Read Replies (1) of 11555
 
Hello Sam....

I'm quite pleased you have accepted my new wager!! It makes all the stress of modern portfolio management a little more fun!!

I am honestly having a hard time finding a reason to buy back into this stock. I have not been keeping up with this thread much or IDTI specific news, but do watch the stock on my quote system. Maybe I am wrong, but it seems like this company has been on the brink of greatness for about 3 or 4 years. I suppose if you give any stock enough time it will come back to old highs.

Let's consider the purchase or 2 companies:

IDTI or AIG (American International Group)

Get ready for a big surprise:

On June 1, 1988

IDTI closed at $7 3/8
AIG closed at $8 7/8

Both of the above prices take split history in to account.

on April 1, 1999 (11 years later)

IDTI closes at $5 11/16 down almost 25% over the last 11 years
AIG closes at $120 7/8 up almost 13x + dividends for 11 years

Why should this change over the next 11 years???

Please let me know which stock we should buy.

Dave

P.S. I broke the news to Matthew about your son not being a Navy Seal. I told him you and your boys liked to scuba dive, and that you would tell him about that over lunch this summer. He said that would be great!

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