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

To: David Tesorero who wrote (5941)	1/22/1998 1:36:00 AM
From: Rob S.	Read Replies (1) \| Respond to of 11555

I was expecting a bit of profit taking in the market, (which we got), and wanted to be out of IDTI until the move up and recent earnings reports from other tech companies was digested. I may be back in within the next few days. IDT's price action was pretty strong today. I still expect some more downdraft in the semi equips and some exposed tech stocks. IDT should hold up relatively well during a tech sell-off if it comes. I don't expect a major move down and for it to be followed by a selective but decent move to the upside. Some of the darling stocks might not participate much (INTC, MSFT)- IDTI likely will.