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

To: Rob S. who wrote (9578)	9/9/1998 6:02:00 PM
From: AE	Respond to of 11555

I should have sold a few months ago when the stock was close to 15. This company has done nothing but stink for so long it is amazing. I say liquidate and pay us back our 3 cents a share. It would be less aggravation. AE

To: Rob S. who wrote (9578)	9/9/1998 10:38:00 PM
From: kash johal	Respond to of 11555

Rob, Wait 30 days and buy back in, you will have the tax loss. As you know I have a very poor opinion of this companies prospects. Having said that the company has too much cash to fold and the new fab may be attractive to another mid-size company or a fab-less company. They cannnot make it big on their own but in a merger the stock would be worth at least $10/share. Worst case they will muddle thru and when the semi market turns towards mid-end of next year they could be really worth something. Note the $200M write-off only has a negative cash hit of $20-30M. Regards, Kash.