Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: flickerful who wrote (6112)	1/27/1998 1:58:00 PM
From: Gordon Quickstad	Read Replies (2) \| Respond to of 11555

The last paragraph from the old Forbes article you refer to: <<"I would view this [IDT's chip] with a great deal of skepticism," says Nimal Vallipuram, semiconductor analyst at Bear Stearns. "I have heard this kind of news many times in my life.">> The article was written last May 1997. The analyst probably was feeling quite heady from Intel's gains, which was at its all time high at that time of around $84, and probably felt that Intel couldn't be jarred from its perch. Intel closed yesterday at $77.69, reflecting that the competing chips have taken some share and eroded margins. I'll bet that he's not quite as confident of Intel's invincibility right now, today.