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

To: LarryS who wrote (7423)	3/17/1998 1:39:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 11555

It is still too early to expect an announcement of a deal with Acer. IDT is going to be capacity constrained for several more months so what's the point of an agreement at this time? Have more faith in IDT's WinChip design philosophy and their "core competencies". These should make us all happy in the coming months. The stock price is doing OK despite a down market and bad news (not unexpected) from MU. My guess is that it will moderate upward toward the end of the day to about 15 3/8. I think the trend will be up toward 16 1/2 over the next week or two. The bigger break-out will come when (if) analysts see the prospects improving dramatically toward the end of the year.