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


To: Rob S. who wrote (8310)5/12/1998 4:53:00 PM
From: Steve Lewis  Respond to of 11555
 
Re:
<At this point IDTI is not that vulnerable to a market
correction - it's already had about as much as it should see, IMO.
>

You are probably right here though having bought some IDTI below 10 in the past illustrates that the extremes do occur. The insider buys and over picture bode well on the whole. (The rationale for a short term upside move IMO would be mainly be a "meltup" scenario that would proceed a 10-15% correction.