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To: Andrew who wrote (14515)6/23/1998 8:56:00 AM
From: Doug Skrypek  Respond to of 17305
 
Andrew: I think that Asian flu may be part of IDTI's problems, but I think production delays in its Winchip has been a bigger factor. Management at IDTI has been promising alot over the last few years, but they have not delivered. I suggest you hop over to the IDTI thread and read the posts since they warned on earnings.

Having said all this I am short the 7 1/2 puts for Nov on IDTI, so IMO we are near the bottom.



To: Andrew who wrote (14515)6/24/1998 11:12:00 PM
From: Andrew Vance  Read Replies (1) | Respond to of 17305
 
*AV*--I think IDTI is very much misunderstood and is startin g to get recognized by some key analysts as oversold, overlooked, and undervalued. After more than 2 years of re-engineering the company, they are re-born and on track to come back real well when the industry turns.

I am positioning myself into this stock to benefit from its recovery down the road. I think it will be one of the more dramtic comebacks.

Andrew