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


To: Rob S. who wrote (7565)3/26/1998 1:19:00 PM
From: Harold Engstrom  Read Replies (2) | Respond to of 11555
 
As a trader maybe you are doing the right thing Rob. I agree that earnings are the key to this stock moving much higher. But, I don't think that it will take much in the way of earnings to move it much higher. This quarter is a proof-of-concept quarter. If IDTI turns in solid earnings in line with expectations and the balance sheet compliments those earnings, then I do think more investors on the sidelines will pony up. When IDTI does move, I think it is really going to move - a few points at a time.



To: Rob S. who wrote (7565)3/26/1998 9:01:00 PM
From: johnny boy  Read Replies (1) | Respond to of 11555
 
Thanks Rob for the near-to-mid-term assessment of IDT
price. I tend to think it could jump upward many points
once something really good happens whether it be earnings
or an announcement. I tend to hold because it makes me too
nervous wondering when to get back in. So as long as I
see a good outlook I tend to stay put until I at least
double. Yea, I think I'll be able to double my $11.00
average buy price. Then again, it could be selling for
$50 within 36 months or less if all were to go perfectly.
I'd still like to know what Frank, David and Fact Boy know!
JB