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

To: tom jones who wrote (8291)	5/8/1998 2:07:00 PM
From: Rob S.	Respond to of 11555

jones. I posted the way I did because you blasted management due to your frustration and didn't have any reasonable argument to justify it. You made your investment decision because, obviously, you thought IDTI would move much higher. Management gave guidance to analysts and investors that last quarter was expected to be flat and for modest earnings growth this quarter and next. Those figures have been revised down mostly because of pricing pressures out side of management's control. Not a reason to blast management as incompetent. Why don't you criticize your own greed in reading much more into IDTI's prospects than was reasonable in the time frame you expected. If you had looked at the facts you would have seen that the price of the stock was trading on the rosiest of scenarios and was vulnerable to being upset. It's much easier to criticize management for your own decisions that it is to learn from them. Management didn't make the high estimates that were thrown around or hold a gun to your head to make you buy the stock. Some insiders have, in fact, bought the stock on the open market at higher than the current price, another recently sold. I guess they were just having fun screwing themselves.