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

To: 5,17,37,5,101,... who wrote (6038)	1/25/1998 10:29:00 PM
From: I. N. Vester	Read Replies (4) \| Respond to of 11555

General market risk is still very high. The Asian flu season may last all year. Many economists think we will fall into recession this year - see Barron's Roundtable for example, or Lester Thurow in NY Review of Books. The immediate credit crunch may be over for the moment, but everyone in Asia is going to need to export like hell to get back to healthy economic status. Japan will not be open to increased imports. (Plus the Japanese banking system is still pretty much rotten to the core and the Japanese government has so far demonstrated total inability to even own up to let alone fix their financial system). The US is the biggest open market in the world and everybody is going to need to export into here. It seems like a reasonably probable scenerio that even if the roof doesn't continue to cave in in Asia, that we end up with a steeply increasing trade deficit, slowing growth, and start losing lots of jobs. This will bring roaches like Ross Perot, Pat Buchanan et al out in droves screaming about closed asian markets. Bill C will be too busy trying to stay in office to be very effective in combatting this trend. I like IDTI and like it very much at this price and with the massive accumulation at 12-12 1/8 of last week. But I'm quite scared that Clinton's problems along with continued possible crises and general mid term economic changes in Asia - we will only start to see those effecting us gradually in the months ahead - might cause a fairly ugly correction in the market as a whole, and IDTI is as likely or more likely to sell off as the rest of the market, notwithstanding it's recent strength. At this point I am really quite nervious about the whole market tanking. A number of noted market watchers are also looking for sideways motion or worse. Yeah, maybe we can climb this 'wall of worry', but things surely are much less safe than they were the last 2 years, where we saw idti sell off 3-4 times or more even then. Don't the others on this thread have any feelings of trepidation about the above? I guess the other school of thought thinks than any economic slowdown will result in rates cuts which will bouy the market. I usually seem to err on the side of hyper optimism, but I'm quite nervious these days. This is a little off topic, but heck it's a lot more germain to our investments than anybody's personal opinion of BC and his morality/politics whatever. Tho if Starr really goes for blood and has much real support in the Senate this could really drag out and it could be one more factor which could turn market sentiment really sour. If another meltdown like Oct happens, will y'all be ready to rush in the next day to buy???? Inquiring minds need to know!

To: 5,17,37,5,101,... who wrote (6038)	1/25/1998 11:16:00 PM
From: David Tesorero	Read Replies (3) \| Respond to of 11555

5,17... Who is selling??? I know Rob has, but who else?? Dave

To: 5,17,37,5,101,... who wrote (6038)	1/25/1998 11:24:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 11555

I'm looking for the Clinton scandal to be short lived and once we get past next week for the market in tech stocks to turn up. I will be buying IDTI - just my own nervousness caused me to get out of it. Some of the best money I've ever made in the stock market has been trading a stock on that has a general upward trend. IDTI is an excellent stock to buy and hold for much better appreciation than the market but, depending on your investment strategy, it may also be an excellent stock to buy on the pull backs and sell on the rallies. So far it looks like it doesn't want to pull back.