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

To: johnny boy who wrote (7558)	3/26/1998 11:42:00 AM
From: Rob S.	Read Replies (2) \| Respond to of 11555

IDTI continues to trade in a range bellow the 12 month target held by most analysts. Although several factors could move the stock up, an equal number of factors could notch it down a bit. I think IDTI will not soar until latter in the year and will be vulnerable to a correction in high techs due to seasonal summer slow downs and stock buying patterns. It's not a bad idea to consider selling call options against long positions. I've limited my exposure to IDTI after I saw no movement in the stock because of the IBM and new product announcements. I expected that news to propel the stock up and when it didn't, despite a move higher in the general market, that signalled that it would take substantial improvement in earnings outlook to make a large difference in the stock price. IDTI continues to base and the chart looks pretty strong. I don't think that there is too much risk on the downside and a lot of potential for breaking the 16 level barrier latter this year.