Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OldAIMGuy who wrote (8881)	6/12/1998 10:27:00 PM
From: johnny boy	Read Replies (1) \| Respond to of 11555

Tom, reading the financial summaries I get the impression we are being set up for a summer rally. Japan's recession realization scares some analysts but others think we are weathering it just fine. The Needham positives, if the posts I read are correct, may be part of this market reversal. CNBC market watch had some commentary of interest, a portion below: "I don't think this is the end of the bull market. I don't think that we're going to go down by 2,000 points. Could we go down by 700 points? Absolutely," Cardillo said, saying attention is shifting the companies that have been left out of this year's stock market run-up.ÿ "Smaller cap stocks is the place to be." IDT has certainly been left out of the run up. Maybe the psychology is just about to change and indeed we can get back to double digits by August?????????????????????????????????????????????????????????? Don't know for sure but I agree with Rob that the downward swing may be about ready to contemplate a reversal. JB