IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

0.0%

Mar 29 5:00 PM EST

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To: Micawber who wrote (2037)	3/5/1997 5:11:00 PM
From: Joan Osland Graffius	of 11555

All, I talked to the IR department today and the following post from Farhash is untrue. The department said they have not submitted chips to Intel. Post from Farhash: I was told by IDT's IR department that IDT did not pass INTEL's initial qualification testing and they are in process of resubmitting the samples again. I was also informed that PC related SRAM sales now account for only 6 million dollars of the total quarterly revenue. As for the revenue, they are expecting between $137 to $145 million for this quarter (Sorry AMJAD). They are also expecting a loss of few pennies or a breakeven quarter. However, they expect things to improve by 2nd quarter of fiscal 98. Joan

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