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: David Tesorero who wrote (9487)	8/31/1998 10:48:00 AM
From: Hippieslayer	Respond to of 11555

It's holding at 5 cuz I told it to! :-)

To: David Tesorero who wrote (9487)	8/31/1998 11:19:00 AM
From: Samuel R Orr	Read Replies (2) \| Respond to of 11555

Good grief, David, I hate to say it, but Fugazi could be right. There's little else rational in this market. Fear can be pervasive, though the Orr doctrine states many tech stocks are incredibly cheap. Unfortunately, Orr doesn't buy for the institutions that set prices. Momentum players can't be bothered by fundamentals or logic: as long as a stock's price is moving up, it's an acquire. When it's moving down, they shun it as the Almish do a parishioner who's sinned(I guess I've got Bill Clinton on my mind). My objective view, which doesn't carry a dime's worth of credibility with analysts, is that IDTI is a great buy around five bucks so long as it doesn't go bankrupt. You can play that one either way. I'm sure Fugazi is mortgaging his home right now to invest heavily in it. Your $4.25 sounds even better. Have fun up there, and let me know if they ring the bell at the bottom. Best of luck. Sam