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


To: Hippieslayer who wrote (6755)2/17/1998 11:55:00 AM
From: OldAIMGuy  Respond to of 11555
 
Hi F.,
I don't think you are alone wondering about press on the C6. In the mean time, there's plenty of $15 cost stockholders out there from the past that are probably clearing out their positions. About 500,000 shares traded so far today.

Best regards, Tom

PS: Does anyone know if the C6 is compatable with the Pentium P54C - 133Mhz that's in my laptop? I'd love to get more speed/less power drain and try the new product. I checked IDTI's web site, but didn't see a substitution chart of any kind.



To: Hippieslayer who wrote (6755)2/17/1998 12:14:00 PM
From: James Petersen  Read Replies (2) | Respond to of 11555
 
Fugazi,

As soon as we clear these weak sisters out we're going to break out. How about if I go out on a limb and predict an "OVER" $15.00 close today.



To: Hippieslayer who wrote (6755)2/17/1998 2:24:00 PM
From: Rob S.  Read Replies (1) | Respond to of 11555
 
I don't find it strange that IDTI hasn't come out with "weekly updates" on the progress of the C6 or tried to hype it to wall str. What if they touted every positive move they made with the C6 and then something unexpected happened, like a downturn in the general market, or the war heats up in the Pursian gulf, sending the market cascading? You could bet that the shark lawyers would then be out drumming up dissatisfied shareholders who thought they were dupped into buying the stock.

as you pointed out, the current P/E looks high as the value is based on future earnings. If something disastrous happened in the market, IDTI could be hit.

I would much rather see a steady accumulation of the stock into "stronger hands" than a quick blip up caused by wild shot-term expectations. Give me a "logical" move with "legs on it" any day.