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

To: Hippieslayer who wrote (6322)	2/6/1998 6:56:00 PM
From: Rob S.	Respond to of 11555

My thinking is that IDTI has gained some greater recognition for future prospects and analysts recommendations. That has caused the institutions to load up and I don't think that they will bail out quickly unless significant bad news comes out or the entire market runs very scared to the sidelines. On the other hand, it is unlikely that any news is going to come out that will greatly effect the stock price. As has been the case for some time, what will propel the stock price much higher are results - higher sales and earnings results and outlook. I don't think much will happen on that front until at least toward the end of the quarter. So, once again, we are likely to be in a stalemate until fundamentals change or management indicates that the forecasts are too conservative. I don't know any PC resellers who have the C6 here in Seattle - the parts are just too scarce to make much of an impact on the market or IDT's bottom line. And it is too early to get much concrete indication of how things are ramping in the new fab. Limbo land.