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

To: William B. Kohn who wrote (6894)	2/19/1998 6:32:00 PM
From: jtechkid	Read Replies (1) \| Respond to of 11555

the rumor is morgan is going to put a buy rec on the company. the problem i have is sram companies are doing nothing cy,alsc,issi, so sram pricing is not firm-it looks like a technical sucker rally that idti has done 10 times in the last 2 years. next two quarter eps will be nothing great . a lot traders buying the stock and pushing it up it will tank quickly if it turns

To: William B. Kohn who wrote (6894)	2/19/1998 6:39:00 PM
From: Woody_Nickels	Respond to of 11555

Willyb, I don't do this for a living. It is difficult, and unwise given recent thread scrutiny, to speculate on the retracement of any consolidation. IDTI has been moving up in a structured manner since New Year... about a point per week on better and better volume. The institutions appear to covet this one at present. Last week's short consolidation, a pennant, had a flat top and increasing lower price levels and it was just a matter of which direction it would break when it did. The answer was UP and JG and a few others saw it. Let's see what the witch tricks do tomorrow. I'm letting my small position ride on!