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


To: David Tesorero who wrote (6437)2/11/1998 11:54:00 AM
From: Rob S.  Respond to of 11555
 
I agree that we are likely to see a long term move toward higher ground but don't think IDTI will soar thru the roof quickly. We are continuing to see heavy volumes to the upside but the price is not rocketing. I think it will take a while to fully move into stronger hands. Still too many people willing to take profits - otherwise with the volumes we are seeing the stock would be up even more. IDTI is a good long-term hold. A speculation is for the fundamentals and earnings estimates to be increasing over the next several quarters and that will lead to higher prices.