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

To: Dale Stempson who wrote (8244)5/7/1998 1:25:00 AM
From: Rob S.  Read Replies (1) | Respond to of 11555
 
When it gets down around 10 or 11 the risk is pretty low. There is more positive going for IDTI at this point than there has been in the past and market multiples are higher - so you could roughly figure that this is around the new low water mark. Never say never with the stock market, but It's not a bad bet for the longer term or a 10%-15% move up..



To: Dale Stempson who wrote (8244)5/7/1998 2:39:00 AM
From: James Luk  Respond to of 11555
 
Dale,

At $11 1/16, you got in dirt cheap. This stock should easily be at $14 near term and $30+ long term.

JL


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