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


To: Hippieslayer who wrote (8480)5/24/1998 12:54:00 AM
From: Buy Low Sell Hi  Read Replies (2) | Respond to of 11555
 
Last year I though IDT was going to make a ton of money with the C6 in notebooks. I totally agree with you, they need to attack this market. There is a ton of money to be made there. The lower power consumption is surely an advantage.

I sold my IDT awhile back at 16, then bought some May 10 puts and lost out, but now I'm back in the stock at 10 1/2. The only reason I bought back is the price is good and the stock goes up and down like a roller coaster.

My biggest concern with IDT is the IBM connection. IDT should know how to produce chips in volume all by themselves. Why do they need IBM? If they need IBM, it means they can't fab the chips on their own.

BLSH