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

To: flickerful who wrote (7092)	3/2/1998 10:04:00 PM
From: Rob S.	Respond to of 11555

Off Topic. I've been in it at about 9 and doubled up today at 12. The last conference call, etc. - they had disappointed analysts because they had some order push-outs by a couple of key customers. That got analysts worried that the orders would turn into cancellations. That didn't happen and the fulfillment of the orders this quarter will pump the numbers up a bit higher than otherwise - time for make-up in the stock price. Management expects a 30%+ rise in sales this qtr. The P/E is now only at about 12 so there is room to move to the upside. expected annual growth is about 25%. It is an under-followed stock; I don't expect that will change soon. Still, it pretty much has only one way to go from here - a bit higher earnings and a multiple of just 15-20 will mean a nice rise in the price. I or an associate will be in on the conference call again this quarter. I may talk to them before then to get a confirmation on the outlook - I'll let you know.