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


To: Hippieslayer who wrote (6488)2/11/1998 10:52:00 PM
From: Tom Caruthers  Respond to of 11555
 
Fugazi,

I dunno. I'm not sure if you are serious about shorting this stock and I'm no TA expert but shorting here looks dangerous. A powerful move upward on extremely heavy volume...not something I take lightly. Whenever I've seen this kind of momentum, I don't stand in the way. If anything, I think we'll take a breather and then head up again.
I know we're heading for some resistance between $15-16 but if it breaks out....look out. I've seen this pattern several times before and the stocks don't stop...at least for a while. Something's up here....something I don't quite fathom....but something significant. That would explain all the insider buying....geez...Berg has made 3-4 million already!

I usually don't invest with the herd...if anything I'm usually buying when people are selling. Be careful!

Tom C.



To: Hippieslayer who wrote (6488)2/12/1998 2:58:00 PM
From: stevebro  Read Replies (2) | Respond to of 11555
 
the reason idti is available to borrow is that there is not
a big short interest ratio-not a lot of professionals see
much big percentage downside in this vs. something like
an aol @180x '98 estimates-not that i'm recommending a short,
just an example of a stock w/a lot more fluff than idti