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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 (10135)3/1/1999 8:51:00 PM
From: thom  Read Replies (1) | Respond to of 11555
 
Having lurked on this thread for about three years, I have accumulated 10K shares on dips in price (avg about 8). Obviously, still losing my shirt!

The negative sentiment is encouraging, but, I'm giving them 2 more quarters before I bail. This may just be a case of a good company, but, a bad stock.

If they don't find a way to make money despite the decreases in prices for their products, I'm afraid even high growth (in sales), and great products (not the Winchip) can't revive the stock price.

They'll sell all the Winchips they can make, but, margins will be so thin it will only pay for overhead.

I am encouraged that they understand the need to make profits by cutting costs.