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


To: country boy who wrote (10459)8/11/1999 12:03:00 PM
From: Sampat Saraf  Read Replies (1) | Respond to of 11555
 
IDTI has about 82 million shares outstanding. What do you think is the effective float? How much does that super-investor real-estate tycoon hold and how much do the insiders hold?

I feel that 7 million+ volumes of last 2-3 days may have effectively transferred all the shares from weak hands to strong institutional hands who will hold them for 3-6 months and dump them to momentum guys or day traders when IDTI is about 25-30/shr. Looks like 16-17 area would now be a strong support for some time. What do you think?



To: country boy who wrote (10459)8/11/1999 3:34:00 PM
From: E. Graphs  Respond to of 11555
 
Country Boy,

This stock is on a tear!

Wondering if we'll ever see that 16 gap filled??........I guess it's possible if Naz bumps its head at ~2600........but, that hasn't stopped IDTI so far.

Good Luck Trading

E



To: country boy who wrote (10459)8/11/1999 4:22:00 PM
From: Daveyk  Read Replies (1) | Respond to of 11555
 
I agree with egraphs that it's unlikely to fill.My thoughts were if it broke 16.5 next stop 33.Not in a straight line of course.Did you see they opened 20's today?17.5's just opened Monday.Those option boys know.
Best,Dave