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

To: yousef hashmi who wrote (7194)	3/5/1998 12:45:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 11555

IDTI may be starting to attract some institutional or large investor buying -but if so it is being hidden. I have noticed flurries of 1000 share orders, all being logged in very short periods, say 20k shares per minute, all at the same qty. Also a few 10k+ blocks. The price has recovered to around 14. The low for the day may be re-tested; my guess is that we will touch back down toward 13 1/2 at the end of the day. I will be watching the trading from time to time to see if the institutions are climbing back in. If, so, I will take a chance and get back in also. I think the TA needs to take into account some upward bias caused by IDTI's repositioning and improved expectations. That may put the floor on the stock a bit higher than TA would indicate. Although there is a lot of fear in the market caused by Intel, many have come to realize what is happening and the market may take this more in stride for better situated semis.