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

To: Daveyk who wrote (7927)	4/22/1998 11:24:00 AM
From: Rob S.	Read Replies (1) \| Respond to of 11555

I agree that insiders and brokerages, or politicians and anyone else dealing with large sums of money and power, are often corrupted by it's influence. However, IDTI is not a stock that is controlled by any single brokerage and is not an emotional stock that can be manipulated that easily. I see nothing at all off base in the Lehman report. They indicate that sales will be up only marginally and earnings will be about 3c. That is in line with what IDTI management has been saying all along. The concern over potential seasonal weakness has proven in the past to be valid. Given the run up we have had in the market and generally high valuations, factoring in seasonality makes all the sense in the world. The same investors who think the sky is the limit in March and April may be crying the blues in the typically weak summer. The conference call will be this afternoon after the close and the earnings release. If there is a re-play number I will try to get it to post on the thread.