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

To: Frank Povoski who wrote (8794)	6/8/1998 2:18:00 PM
From: JakeStraw	Read Replies (2) \| Respond to of 11555

Michael Murphy has had IDTI as a buy with a target price of $30 for something like the last 3 years.<g> He is persistent though.

To: Frank Povoski who wrote (8794)	6/8/1998 4:39:00 PM
From: Steve Lewis	Respond to of 11555

(?) Does IDTI have the plans and can they execute against: <Very agressive pricing from Intel. " In 1,000-unit quantities, the Intel Celeron processor 300 MHz costs $159, and the 266 MHz version costs $106. Boxed Intel Celeron processors and the accompanying MU440EX Micro ATX motherboards are also now available for Intel product dealers and resellers. "> The ramp to 266 & 300 is more important by fall as Intel is looking to kill off the low end vendors before they can get traction. They can do it with IBM certainly though hopefully the 1st/2nd OEMs don't get scared off. The whole semi sector looks pretty bad these days. IDTI at 5-6 is not that farfetched in the shortterm (June-July-August). (However without any X86 plans (hypothetically), IDTI should would be priced better, right? or is the Oregon fab a costly investment waiting for mfg leverge?)

To: Frank Povoski who wrote (8794)	6/8/1998 5:05:00 PM
From: Rob S.	Respond to of 11555

If you bought a group of "any" semis at this time of year when they sell off and sold them if they rally in the summer or fall, bought back in November or December when tax selling, portfolio window dressing pulls them back and then sold in March-April after the "January effect" rally, you would be seeing more than the annual profit with little of the downside risk. After a sell-off like we've had in the semis, its a fairly safe bet to say that its a question of when they will move up not if. One strategy is to buy tech stocks over the next few weeks and sell calls against your position when they rally a bit. I don't think the semis will move up very much through the summer because they will be muted by lousy earnings reports and the typical summer slow down. Another strategy is to sell puts when they move down. If you get put say 1 out of 3 stocks, you will have them at a very low aggregate price.