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

To: mike wood who wrote (4446)	10/27/1997 8:53:00 PM
From: William B. Kohn	Read Replies (2) \| Respond to of 11555

Come on, let's not get into this big boy small boy stuff. I am losing my shirt, that's true and I am a small boy. To make matters worse, I increased my positions in several stocks including IDTI in the days preceeding this downturn. As such I am looking at a big time reduction in my 1997 profits, but I am still making money. That may change tommorrow, but if I can escape the margin grinder I will not sell into this rampage. I believe the economy is strong, that IDTI is not a 10 company and that my other holdings are worth significantly more than their current value. The big boys are not causing the semi stocks to depreciate in value the way they have. It is panic selling, pro's don't panic so that is why the little guys tend to get hurt, they don't know what they are doing or they can not afford to do what they did? I hope I don't fall into the latter category, but we are getting close to that point. Willyb