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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 (7482)3/21/1998 5:07:00 PM
From: 5,17,37,5,101,...  Read Replies (3) | Respond to of 11555
 
Ken, you're right about supply/demand at $13.63. I bought recently at $13.50. I will buy more below $13.00.

IDTI is so volatile because they are trying to do something that others have failed to do profitably, clone an Intel chip and take market share. Additionally they are doing this on a shoe string budget while they innovate in other areas (Clear Logic,RISC processors) and peddle SRAM. Seems like a lot to chew off at once. Naturally doubters abound. However, when IDTI is successful the payoff will be enormous and the stock will behave more like DELL, Intel, Microsoft.

Jackson



To: Woody_Nickels who wrote (7482)3/21/1998 7:07:00 PM
From: Rob S.  Respond to of 11555
 
The light volume fits with the lack of the large block trades that we saw on the way up. The institutions are unlikely to pull out of IDTI unless that fundamental picture changes. I don't think that will happen.


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