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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: Lockhart who wrote (10355)	7/1/1999 9:57:00 PM
From: country boy	Read Replies (1) \| Respond to of 11555

Anybody else think this (11 3/4) is a bit too much too quick? Semi's like CY and IDTI are definitely on fire, but based mainly on a lick and a promise with these two. I've been in and out on this one and sold today; may be premature, but I think a retest of 10 is in order. cb

To: Lockhart who wrote (10355)	7/1/1999 11:42:00 PM
From: musea	Respond to of 11555

Lockhart, A target of $30 seems out of line. The business information coming out of IDTI doesn't seem to support that kind of valuation. But I would take $15, for example. My only regret with this stock is not having bought more when it was down around $5. As it is, my average cost basis is around $6 now so I'm pretty happy with the way things are going. I am concerned about the trading pattern of the past few years so I will likely take about half my money off the table at $15 or so. Things are looking better again for the long-term holders (I've been in for about 4 years). Let's hope that we can see continued progress and better execution. That is what will drive a higher price. There are divisions to shed (WinChip) and a fab to fill. It's up to Len here. I think he can deliver, but he has to be willing to make the hard decisions because this is not the boom time when anyone can be CEO. -musea