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To: nigel bates who wrote (12812)	3/17/1998 10:34:00 AM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--IBM has done foundry relationships in the Microprocessor arena with practically every company that made one. This is a good sign for IDTI because it gives them needed capacity, access to a technology that can improve the perfromance of the chip, and provides a certain level of market acceptance/viability by having this foundry relationahip. The other chips you mention are worthy competitors down in this price range but you have to admit that the IDTI chip is one of the smallest, simplest, and inexpensive chips to manufacture. It has a great deal going for it and should fare well in the marketplace. Will they be the next INTC or dethrone INTC?? I think not. However, considering the size of the market, INTC's marketshare, and the revenues of IDTI, it is clear to me that a slight in road into this arena at the expense of a few % of INTC marketshare could be a bonanza for IDTI. I would hope people would agree to this. John - I think since this Friday is option expiry - triple witching, we will see some flakey things occurring over the course of the next few (3-5) days. I would set a target price to exit this week and execute if it is met. I think $17+ sounds attractive. I would then sit on the side until I saw a retracement or Tuesday and watch for a slight retracement then. This is all options related and the fact that IDTI is watched real close by some sizable institutions. I think some games might be played with this release. Speaking of games, ATMI is getting close to pricing the secondary offerring of its stock (as soon as next week). My feeling from talking to some people is that 4 million shares coming onto a market with an average trading volume of 150,000 (around 50,000 these past few sessions) will cause some sort of retracement. The 4 million shares are coming from either the treasury or insiders (acquisitions from last year). I would think that most of these shares are going to be institutionally placed with a little on the open market based on the average daily trading volumes. IF this is true, these guys might give the stock a haircut before it is priced to sweeten the deal for themselves and then gradually release these shares onto the market. Just my opinion. IF it works out this way, I will use this as an opportunity to load up on this stock for the long run. BTW- it's now down close to $1 which is really not that bad. At $27 it is still $2 above a low that it saw weeks ago. Andrew