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


To: Joseph E. Caiazzo who wrote (10480)8/14/1999 7:39:00 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 11555
 
Hi Joe, I'd love to help, but I think my record of being in the stock for about 3-4 years and then selling out at $8 - just before it's best run in half a decade - proves that I have NO CLUE!! :-)

The price/share is WAY above just about any moving average of interest - even the 26 week. However, the recent news had been enough to build a "story" for the company that has appeal for those who like stories.

Being a stolid contrarian, if I'd stayed with IDTI (as it appears I should have!) I'd have sold, using AIM's guidance, about half of my total max. position when the stock bottomed earlier. At this point, I'd have about as much cash reserve for this stock as I had total equity value at the bottom. In other words, I'd be now working with the market's money.

I don't know if this is of any value. Hope it makes some sense.

Best regards and congratulations to all here that stayed with IDTI when I got bored!,
Tom