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


To: flickerful who wrote (4917)11/24/1997 10:07:00 AM
From: William B. Kohn  Respond to of 11555
 
TO ALL FROM IDT IR FRESH POINTS.
IN RESPONCE TO MY EMAIL TO IR HERE's WHAT I GOT SO FAR:

I owe many of you return phone calls and apologize for taking so
long. You shouldn't read anything into it, other than that we've
been extremely busy.

Many of you have spoken with some of the staff in our Marketing
Communications area--Alisa, Marie, Kristin, Tish, and Jim. They do a
good job of providing basic information about IDT, but rely upon me
to provide them with guidelines to handle your difficult questions.
And I've been on the road a lot lately and have not provided them
much material to work with.

You may be interested that IDT has about 75,000 individual investors.
I often receive 40+ voicemails from individuals in a single day. On
average, I probably spend 15-20 minutes answering the individual's
questions. Do the math, and you'll see that it's physically
impossible to keep up with these calls.

The solution? I'm trying three things:
1) Recruiting a full-time manager of investor relations to work for
me.
2) With that person's help, providing the Marketing
Communications staff with a set of up-to-date responses to your
frequently asked questions.
3) Initiating either a weekly or biweekly conference call for
individual investors. The format will likely be that investors
submit questions in advance, then call in to hear either live or
taped responses. I'm interested in any suggestions you have here.

Again, please accept my apologies for the difficulty in reaching me.
In the years that I've been at IDT, I've never seen a higher level of
interest in the stock.

Regards,
Brian Boisseree
Vice President and Treasurer
Integrated Device Technology, Inc.
boisseree@idt.com