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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: Jim Oravetz who wrote (10181)4/7/1999 7:12:00 PM
From: Rob S.  Read Replies (1) of 11555
 
PC sales in units are said to be OK but pricing has been under pressure for major components like HDs, CDs, and uPs. IDT doesn't do that much anymore in PCs directly. Communications equipment sales is said to be stronger. Remember . . . "The PC is dead" (as THE driver for the industry).

IDT will benefit much more from stronger communications and other equipment sales than any tweak in PCs. Of course PC sales is still a barometer for networks and other things. I think the communications sector should do very well into 2001. As Asia pulls out and the Y2K budget drain is disposed of, networking and communications will be put into an even higher gear.
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