Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Terry D. who wrote (10143)	3/18/1999 1:54:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 11555

Hi Terry, The salt feels great in the wounds, thanks!! :-) Actually, I have some friends that own some of IDTI's conv. debs. and they'll be even more thrilled to see that news item. I've used conv. debs in conjunction with the common stock in several investments in the past. Not with IDTI, however. I was looking for a deeper discount from face value before I'd plunk down any cash for the bonds. I'll have to take a look again at them. I've always enjoyed buying yield on the cheap. In the past I've tried to buy enough of the bond at a cheap enough price to give me an "average" yield on the investment in the bonds and common equal to current money market rates. In this case, I'd need to get an average yield around 4+%. That's not out of the question. I'll report more later. Best regards, Tom