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


To: SemiBull who wrote (8805)6/8/1998 9:17:00 PM
From: Sunny Jim  Respond to of 11555
 
SemiBull,

These announcements remind me of ATML. In past quarters, they have pre-announced that they got blindsided and are going to have a disastrous quarter coupled with huge write-offs. Then, as offerings of hope, they start announcing a barrage of product releases and/or products improvements as if this is what the investment community needs. Now IDTI appears to be taking that approach. This stock is kibble until the company can announce profits. Period.

Unfortunately Long,



To: SemiBull who wrote (8805)6/9/1998 12:29:00 AM
From: Rob S.  Read Replies (2) | Respond to of 11555
 
IDTI said that these parts these parts have been warmly received so far. They should be very cost effective for those applications that don't need the raw processing power of a 64 bit engine or need lower power but can use advanced DSP functions.

As far as the stock price goes, it looks like those fat head institutional fund managers are still unloading - judging from the high volume. This is not a good time to sell unless you are a trader and hope to pick IDTI back up at a yet lower price.