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


To: flickerful who wrote (4837)11/20/1997 5:16:00 PM
From: Charlie Tuna  Read Replies (1) | Respond to of 11555
 
This weeks trading....overall dissapointment that IDT has NOT
ANNOUNCED ANY CUSTOMERS FOR THE C6 or THE FASTER VERSION of the C6.
It makes me wonder if they are having a hard time selling the cpu.
The volume was back up but I think the overall tech sector gave
IDT a boost or rather dragged it along.
IDT SHOW US SOME C6 CUSTOMERS!!!!!!!!!!!!!!!!!!!!!!!!
Charlie



To: flickerful who wrote (4837)11/20/1997 5:23:00 PM
From: Marc Phelan  Read Replies (1) | Respond to of 11555
 
>>Would anyone care to characterize today's trading? i would
be most anxious to hear a take on IDTI's activity.

I thought it was terrible.
With the market stength IDT look very, very weak.
Comdex is over and no announcment.
Sold my position today. What a bath <sigh>.

Looking for an entry point at lower prices after some C6 customers are on board.

Marc



To: flickerful who wrote (4837)11/20/1997 5:26:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 11555
 
Looks like some shareholders decided to take advantage of a good tech day and dump their shares in IDTI. 10 appears to bring buying. I agree with Tuna: share price won't move up without good news of substance and won't move much lower unless the market tanks. Of course, this should be a familiar situation to IDTI shareholders.

Jackson