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

To: Michael D. Christian who wrote (9812)	11/2/1998 11:59:00 AM
From: neverenough	Respond to of 11555

"S&P Maintains Hold on Integrated Device Technology" personalwealth.com Standard & Poor's equity analyst Brendan McGovern continues to rank Integrated Device Technology (Nasdaq: IDTI) 3 STARS (Hold) after the company announced that it had agreed to acquire Quality Semiconductor (Nasdaq: QUAL), a maker of logic and networking chips, for roughly $35.4 million in IDTI stock. McGovern says the transaction broadens IDTI's product line, and that the company will see operational benefits beginning in fiscal 2000 (Mar.). For now, he maintains his $0.62 loss per share estimate for fiscal 1999, and his $0.40 EPS forecast for fiscal 2000.

To: Michael D. Christian who wrote (9812)	11/2/1998 12:17:00 PM
From: SemiBull	Respond to of 11555

FWIW, The last time I checked QUAL's 10q/10k, they had a fab in Australia....which may be good for access to Asia? I believe the fab was 0.35 though, if memory serves me, so maybe this is not an asset of any note. Also, at one point they had a cash stash of a decent magnitude...though once again, this may have changed since I tracked them back last spring. Just one man's spin....SemiBull