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


To: Investor A who wrote (8216)5/5/1998 10:43:00 PM
From: gary d.  Read Replies (1) | Respond to of 11555
 
Pulled up a 2 year chart on Yahoo and found the 10 to 15
trading range to be very interesting. During the past 2
years could have bought and sold 4 times. Following
this strategy would have you in and out of the stock for
only a few months at a time. (price below 10 for about
6 months during that time)

Congratulations to all who have managed to do this. You
are much braver than I. Much richer at this point too,
I might add.

I'm still looking for a bottom and believe it will be lower
than 10 1/2. The reason I hold this opinion is 3-fold.
(l) earnings are not strong (2) the stock has low relative
strength (3) no strong area of price support until around 10
and lower.

According to the information we have on the thread, there is no
reason the stock's price will escalate in the near term. But a
few of you have mentioned the high volume of late. I always thought
down prices on heavy volume should be regarded as bad omen. Does
anyone have a read on this effect?

Regards

Gary



To: Investor A who wrote (8216)5/6/1998 1:20:00 AM
From: Rob S.  Read Replies (2) | Respond to of 11555
 
WinChip 2 (C6+) has been sampling for a few weeks and is scheduled to ship to customers shortly after AMD's K6+ 3D. Judging from past experience, it will take a while to get a meaninful amount of production from IDTI - probably not until next quarter. IBM is supposed to start production as well - they have delivered mask sets and may have samples there as well. The part will have a 128k cache and much better FP and MMX capability. It also incorporates AMD's 3D MMX instruction enhancements which are to be supported by MS in WIN '98.

IDTI is getting to an interesting price level. Too early for me to start accumulating very much but a good time to nibble.