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

To: Medisco who wrote (8071)	4/28/1998 1:36:00 AM
From: Rob S.	Read Replies (2) \| Respond to of 11555

Thanks, that's a date worth remembering. Depending on the circumstances surrounding it and new information that may come out or get clarified, this can have some effect on the stock price. I am thinking that we might get similar market action, as has occured during the last couple of sharp declines. Following a day or two of sharp declines, the market sells off (blows off) further in the morning. Many stocks that have shown weakness, not particularly IDTI, get absolutely clobbered in the morning but then quickly come back as bargain hunters rush in to fill the void. This happened during last falls big sell-off. While the analysts and institutions remained nervous, the individual investor was unruffled and took the opportunity to load up. That "may" happen again. What works for it is that although the market was getting pretty high and some "correction" was probably eminent, flows of cash into equity mutual funds, retirement programs, etc. remain at high levels. Something that works against an "irrational" blow off in which stocks quickly sell at distress prices is that a lot of institutions and fund managers are aware of their past mistake (selling in panic at what turned out to be the bottom) and that works against it being repeated. I plan to have some low-ball orders in for a few clobbered stocks that have good mid to long term outlooks. If I catch a few in a panic sell-off, then great. This is not without a fair amount of risk because the mid-term market trend could well be toward the downside. So I will be prepared to turn the stocks if they move up too much or fail to move up at all. Don't risk too much if you try this.

To: Medisco who wrote (8071)	4/28/1998 10:04:00 AM
From: Steve Lewis	Read Replies (1) \| Respond to of 11555

RE: <TO ALL, I learned today that IDTI will have a presentation at the Pain Webber Technologies Conference on June 3 @ 4:00p.m.> I remember someone saying that during the earnings call with Brian B, IDTI CFO, he mentioned that there would be additional information going forward before the next quarterly report (~July 2X) Presumably this will give clues to the progress on ramp up, OEM deals, IBM foundry, Clear Logic, etc. Another date to think about will be the Fall (November?) semiconductor conference where a lot of plans are revealed. IDTI utilized this meeting last year for the C6+ announcements and this year should show the future plans for C7 or the next member in the chip family. (Big Picture question: With AMD, IDTI & NSC contributing to the X86 world, could the PC business split & thus could the clones breathe a much longer "X86 systems life" than the "Intel monopoly" ever planned for? One answer, of course, will depend upon Microsoft's OS support) IDTI is starting to market themselves a little better IMO with the earnings preannounce PR which focused on their progress & executive team (and a de-emphasis away from the 2 cent earnings). This could help with an upward ride once we get rolling in the next 6-18 months. (optimistically speaking) In retrospect the Lehman report which moved the stock to 3 and was neutral/equivical in the short term was an accurate call. (Now did they know/learn this before we did? Hmmmm.....)