Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: foolhearti Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 217  
Subject: IDTI/ Strong BUY @ these prices Date: 4/20/2001 1:30 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1


IDTI is selling at ten times earnings, a valuation which is so unrealistic, given the stock's potential for growth that it's got to be a buy. For
bottom fishers only is the chip sector, and Integrated Device Technology (IDTI, Chart, Boards) is another company on the verge of a turn
around. The stock is at its 50 day moving average, rising on increasing volume, and riding a wave of improving momentum. MACD,
money flow, and on balance volume are all supportive of higher prices. There is resistance at the 50 area. But a rise above 50 could
take the stock 20 points higher.

The company makes logic devices and other specialty and memory chips, primarily for the telecommunications industry. Its most
recent revenue growth shows a 50% rise, with income rising two fold without counting investment gains. Our stance remains the same.
Even a 50% decrease in growth will put the chip stocks in the top tier of growth for a slowing economy. Once investors switch gears,
and that concept becomes obvious, we could see a sustainable rally in the chips.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement