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


To: Marvin M. Lim who wrote (9679)10/5/1998 12:57:00 PM
From: Marvin M. Lim  Read Replies (5) | Respond to of 11555
 
Found this one on yahoo!IDTI

nikkeibp.asiabiztech.com



To: Marvin M. Lim who wrote (9679)10/8/1998 7:31:00 PM
From: Marvin M. Lim  Read Replies (1) | Respond to of 11555
 
lehman says downside risk is probably low

lehman.com
see: Semiconductors: 3Q98 Earnings Preview


INTEGRATED DEVICE TECHNOLOGY (IDTI-$5 5/16) - Integrated Device Technology will likely report a meaningful operating loss for the third quarter in addition to a non-recurring charge of $205-$240 million. There are only three estimates and ours is at the low end of the range. Moreover, a loss for the December quarter will probably be indicated during the company's conference call. Therefore, it may be difficult for its shares to move higher during the next few weeks. However, the downside risk is probably low. Hence, we rate the stock 3-Neutral.