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

To: johnny boy who wrote (5804)	1/16/1998 9:32:00 PM
From: Hippieslayer	Read Replies (1) \| Respond to of 11555

Ignoring the analysts, if IDT really sees an increase in orders and in backlog, and earnings really take off in two or three quarters from now, coupled with analysts touting the stock and biznews covering IDT like it was royalty, I don't think it's impossible for IDT to trade up to 50 or 60. I'm painting a very rosey picture but any stock that becomes the darling of wall st will get run up whether it deserves it or not. If it's true that IDT can buck the trend and increase revenue while it's peers are shrinking in revs, everyone including their grandmother will be rushing to buy stock in IDT. But be very very careful, cuz as fast as wall st can drive up a stock, they can quickly take it down. Prime example being what happened to RMBS when everyone drooled over their prospects. Just my cent and a half.