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

To: Woody_Nickels who wrote (7217)	3/5/1998 9:38:00 PM
From: Bald Man from Mars	Respond to of 11555

<<IDTI closed just above the 50 day MA today. If it breaks down thru that support, who knows how low it will go? Earnings will determine the trend and another positive qtr is at hand. These preannounce- ments are short term negatives, and technicals are still OK. IMHO, expect to challenge the $17 resistance next month. Ken>> With the Motorola pre-announcement, I don't think the 50 day MA will hold tomorrow (of course, I have been wrong before, and actually over 50% of the times I am wrong). I personally don't know how low it will go, but I certainly see more risk than reward at this time. Good luck tomorrow.