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


To: PuddleGlum who wrote (7518)3/23/1998 4:51:00 PM
From: Rob S.  Read Replies (2) | Respond to of 11555
 
Overall volume was lower than normal and the price is certainly within its recent range. We don't have too much to draw from today's action - it was up modestly but has not shown real solid gains recently despite several pieces of good news. I don't think we will see much until earnings are out. The real test of the business plan will in the 3rd and 4th quarter when production is ramped to higher levels and the carnage that Intel has planned is out in the open. Then it will be less guess work to size up how sales and profits are likely to develop.