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: Charlie Tuna who wrote (6421)	2/10/1998 10:35:00 PM
From: Hippieslayer	Read Replies (1) \| Respond to of 11555

I knew something smelled "fishy" when you said you were selling! :-)

To: Charlie Tuna who wrote (6421)	2/11/1998 1:58:00 AM
From: Rob S.	Respond to of 11555

I think you are right that Lehman's comments on where IDTI sees the C6 going is what brought some excitement into the stock. Len and Brian realy didn't say, judging from Lehman's report, anything that different about the expectations for the C6 from what they have said in the past. What is different from Len's and Brian's statements of the past that I am aware of is not the "we are gonna make 100s of thoudsands of parts soon" statement but the "we ARE making C6s at 100,000 parts/month rate" (my words of course). Even simple minded people like myself can see that the ramp is starting to deliver as promised. No they are not going to bury Intel in parts anytime soon, but this is a significant confirmation of the plan to be a significant supplier for Pentium class chips. (I wish we could start calling it by something other than Intels namesake). Before we go counting profits, remember that IDTI plans to spend something like another $125 million on capx to expand the oregon fab. That will be amatorized but it will eat into the balance sheet. Some of the expense of the ramp will have to be expensed immediately. All-in-all, as long as the costs per wafer stay were they are or go down somewhat further (as expected) and the yields continue to improve (as IDT has demonstrated they can do), then they are creating a mint to print money (and we thought they were in the semi business!).

To: Charlie Tuna who wrote (6421)	2/11/1998 2:07:00 AM
From: flickerful	Respond to of 11555

charlie..... i agree the lehman report has enough speculative fuel to account for increased, if not additional interest in their camp...they emphasize, more than once, that despite short term concerns, their long range estimates may be conservative. well, looking at their sequential forecasts, relative to what those represent per share, i would have to agree. assuming that any of it has any validity at all, of course, their price target seems a rather convenient lowball, doesn't it.... regards, randy ps nice to see you charlie...