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

To: Harold Engstrom who wrote (6248)	2/2/1998 1:15:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 11555

I should have made my comments clearer. The comments were not meant to infer a change in my basic assumptions about IDTI, only some concern that it has reached a point short-term where everyone should keep there eyes open. How anyone reacts to my opinions should depend on their investment objectives. Any pull-back will likely be temporary and shallow. "Normal" retracement of big moves up are 20%-30% of the move. IDTI has moved up over 42% from recent lows (9 1/2 to 13 1/2) and a pull-back may be just 1 or 1 1/2 to 12 or 12 1/2. I don't expect more of a move because, as others have pointed out, the situation has changed and investors are likely to be drawn into the stock. Let's keep our eyes and fingers tuned to news and reports on yields, production rates, product introductions, prices, and other things that will help to add to the momentum of earnings improvements.