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


To: I. N. Vester who wrote (4847)11/20/1997 8:43:00 PM
From: Stu E.  Read Replies (1) | Respond to of 11555
 
If the information from K the Investor that VP Berg purchased an additional 100,000 shares this month is accurate, I wouldn't let the current malaise bother me. Berg isn't about to throw $1 million down the toilet. Has anyone confirmed the purchase?

Insiders are typically 6 months early in their purchases and Berg as well as other officers made additional purchases this summer. Patience might soon be rewarded.



To: I. N. Vester who wrote (4847)11/20/1997 10:45:00 PM
From: Rob S.  Read Replies (1) | Respond to of 11555
 
I think we should be "civil" about it - just simply remind them IDT that Perham, Henry and others have said that they certain things would happen, such as production of higher speed grade parts by November and a statement about OEMs sighned for the C6, that have not happened. It's more than reasonable to expect management to keep up their PR with investors and follow thru on at least what they have said. Maybe these guys are busy, I certainly expect that they are, and they simply forgot what they said.

I'm not pesimistic about IDT's long-term prospects but I'm not happy with my short-term decision to keep money tied up in a stock that gets seemingly little support from management to keep investors well enrolled in their game-plan.

I still haven't gotten a call from Brian in IR. I guess it's been about 10 days since I first called and left a message. Too bad he's too buzy to think that small investors and netizens are important. I sometimes wonder how this attitude will effect stocks in the coming age.