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

To: Chi Pan who wrote (4683)	11/8/1997 4:12:00 PM
From: Charlie Tuna	Read Replies (1) \| Respond to of 11555

Chi,Trading IDT has been good for many long on IDT.I have traded it several times over the last 6 months but the range has narrowed and I think a breakout is near.In fact if not for the overall market decline I think that IDT would be at around 18!When the market gets back on track and it will as the overall ecomony is still very good then IDT will JUMP .I all most traded back out when the volume dropped and the price began pulling back Oct 15 and 16 but decided to just stay in....oh well I missed a nice trade. Anyways IMHO only invest in stocks that have a good long term outlook.Trade them when they are range bound and go long AFTER they break out.....oops. Charlie