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


To: Jim Oravetz who wrote (9328)7/28/1998 11:37:00 PM
From: Analog Kid  Respond to of 11555
 
Thread- A few thoughts from my previously mentioned source......

Factory closing in San Jose will save the co. $30 million per Q. Reason behind closing was to halt redundancy between Oregon and San Jose as well as over capacity of course. End result will be increased efficiency at a lower cost.
A large 1.5 million share fund has been liquidating over the past few weeks. That is over as of this morning.
That's about it. Good luck to all. I'm in as of this morning myself.