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


To: johnny boy who wrote (6846)2/18/1998 9:52:00 PM
From: Hippieslayer  Read Replies (1) | Respond to of 11555
 
Ditto. That's where I first learned of it. Actually thought the guy was talking about ATT.

I have no reason to believe that TXN is thinking of buying IDTI or that anyone is thinking of buying out IDTI.

As for Toshiba using the C6, it's quite a possible scenario but I have heard nothing to substantiate this hail mary of a rumor.

All I can say that's fact is that someone's buying a lot of stock over the last couple of days and I don't know why. The recent PR's don't justify the move at all. The PE ratio is bloated more than I am after eating a 2 lb cheese/bean/chicken burrito. And there is still a rumor circulating that IDTI's oregon fab is having yield problems (which I take with a single grain of salt).

Just enjoy the ride and wear your seat belt cuz I'm not sure where we are headed and whether or not it's going to be a smooth or bumpy ride.



To: johnny boy who wrote (6846)2/18/1998 9:58:00 PM
From: Michael D. Christian  Read Replies (1) | Respond to of 11555
 
The TI visit could just be for fab qualification to buy capacity. I thought I heard that IDTI was offering some excess capacity in one of the releases (even selling capacity reduces expenses and brings in added revenue)? Either way, it could be good! I have no facts or data otherwise. Has anybody gone fishing on the TI thread? Any results?

Also, does anyone have any more details on the large action late in the day?