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

To: Hippieslayer who wrote (4670)	11/8/1997 3:57:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 11555

Stephen, you hit on one of my "contrary indicator" favorites. As you know, one of the most influential things that effects a company's stock price is analysts/brokerage coverage. That's because these guys have "mindshare" with institutional investors and the hords of brokers who suggest stocks to their clients. I love to find stocks that have great forward momentum but have been out of favor with analysts. Compared to high flying stocks that already have wide coverage, the under-covered company has more of what can be considered "only one way to go" in regards to the efects of analyst coverage. I take the lack of coverage as a good sign. If we are right - that IDT is at the stage of a break out with new product momentum, then the sales and earnings and analyst coverage will build up as well.