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

To: Hippieslayer who wrote (9262)	7/23/1998 9:38:00 AM
From: 5,17,37,5,101,...	Read Replies (1) \| Respond to of 11555

Methinks selling into a bad earnings report here may be a bad idea. Every bit of bad news is out: 1) WC a disaster...factored 2) Management a bloated basket case...factored 3) Communication IC's dead in the water...factored 4) Charges out the wazoo to close factory...factored. What is not factored: 1) Sale of San Jose property 2) $45M real cash savings per year from closures 3) CL still looks on track 4) WC may work out 5) More people can be let go=>more cash savings 5) Networking stocks on the rise may imply better times for communication IC's. I bought more @$6.75 Jackson