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

To: Charlie Tuna who wrote (5589)	1/8/1998 11:05:00 AM
From: Hippieslayer	Respond to of 11555

Okay, everytime IDT comes out with a faster chip the stock price goes down. Higher Mhz, lower stock price, hmmm? Maybe if IDT takes the Mhz down to say 50, we'll see the stock back at 15. I could go for that.

To: Charlie Tuna who wrote (5589)	1/8/1998 11:23:00 AM
From: Steve Lewis	Respond to of 11555

Some cyclical "food for thought": The semi lows of July 1996 were brought to the general semi highs of August 1997 (13 months). The rest of the story well...... In other past up cycles such as 1994 into 1995 it took 12-18 months to play themselves out. Therefore: The lows of December 1997 should take some time for the comeback...but comeback they will. A interest rate reduction (*Important without havic-causing deflation) could support/propel a positive market for 1998 into 1999. (or until the Fed raises rates again). The sense that the economy is slowing (& not stopping!) may auger well & usher in the gradual, favorable interest rate environment. (Besides we have no inflation and the dollar is too strong at this time) Now as long as IDTI and other semi's I own can sell and grow some earnings! (The Korean mess and perceptions should gradually improve too and this time it looks like they can't massively over-invest since their debts are too high and the won is low(35 cents to the dollar?)