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


To: OldAIMGuy who wrote (9893)12/16/1998 10:39:00 PM
From: rairden  Read Replies (2) | Respond to of 11555
 
I'm hanging in here also.
Suspect tax-selling is contributing to low price,
but good move today to 5 7/8.
Been averaging down on several issues including IDTI,
and way way way in the red. Probably needing $12 to
break even here.

Tom, I'll have to look through some of your old posts to see
how you always have enough money left to keep your system going
during a severe price decline. Anyone who's been into IDTI over
the past year, investing or playing, must be brilliant or lucky
to be at break-even right now. I guess I'm more a long-term
investor viewing IDTI as a turnaround situation, and fully
expect to enjoy IDTI's return to profitability, in spite of
what people are saying about current management.

If we do see a significant January effect, like a climb to $9 or so,
I may trim my holdings somewhat, and wait to see which way the wind
blows regarding earnings announcements and analyst ratings.