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

To: Charlie Tuna who wrote (10391)	7/15/1999 10:51:00 PM
From: Daveyk	Read Replies (1) \| Respond to of 11555

I agree it'll take more capital to stay in the game.On 3/23/99 I bought what for me was alot of shares at 5.125 Their market cap since that time has grown better than 150%.That should help the capital part of things.This stock looks ready to test 16 and if it breaks thru I'll be loading the boat around 17 area and looking for a test of old high at 33. A lot of institutional buying today with smaller sells.Money flow and OBV tell the same story last few weeks.The chart reads higher for now. Best,Dave

To: Charlie Tuna who wrote (10391)	7/16/1999 8:43:00 AM
From: Sridhar Srinivasan	Read Replies (1) \| Respond to of 11555

Charlie: The semi industry is moving towards larger and more expensive fabs that require massive amounts of capitol and excellent mgmt to keep them running full speed. IDTI has neither. Are you short IDTI? Because, one thing that has separated IDTI from the commonplace company (such as CY) has been their focus on product development - R&D investment, even during the downturns. They have prob. the largest portfolio of patents amongst chip companies, next to Intel. A management that has the gumption to invest in R&D, even during difficult periods, can only be termed as visionary, esp. considering the trader driven, quarter to quarter profitability environment we operate it. The two reasons that Mike murphy has been bullish on IDTI for the last four years (R&D investment, good management) are the two that you cite as reasons for potential downfall. I would ask you to re-examine the bases for your conclusions because they seem completely erroneous. Best Regards, Sridhar