"To Kevin M. Moore at BT Alex. Brown  by: yagottabelieve                                         21992 of 22016  990115 - IDT Corp. was downgraded to ''buy'' from ''strong buy''  by analyst Kevin M. Moore at BT Alex. Brown Incorporated  ----------------------------------------------------------  990201 - IDT is soliciting the consent to the proposed amendments  primarily for the purpose of enabling IDT to effect one or more  possible financing transactions involving Net2Phone,  Inc., a Delaware corporation and the subsidiary of IDT that  conducts IDT's Internet telephony operations. Such a transaction  may consist of the issuance of Net2Phone's capital stock to  private investors or to the public. IDT is currently in  discussions with several parties who have expressed an interest  in making equity investments in Net2Phone.
   BT Alex. Brown Incorporated is serving as the Solicitation Agent  for the consent solicitation, and U.S. Bank Trust National  Association, the trustee under the Notes, is serving as the  Depositary.  ---------------------------------------------------------------  990128 - Big underwriter may be key to success for Web IPOs  By Nadja Rogoszynski
   NEW YORK,, Jan 28 (Reuters) - Faced with the decision about what  new Internet-related initial public offering to put money into, investors  can often make the winning choice by focusing on big name  underwriters, according to IPO industry sources.
   ''A big name underwriter will absolutely make a difference,'' said Ben  Holmes, an analyst at ipoPros, a Boulder, Colo., consultancy. ''They  will support the deal, and not walk away from it after the pricing,''  Holmes said. ''That gives investors a certain security,'' he added.
   The correlation between a big name underwriter and an exciting IPO  was proven when MarketWatch.com, an online business news  provider, soared 458 percent to $92 a share on its first day of trade two  weeks ago, after being offered initially at $17.
   The stock offering, underwritten by BT Alex. Brown, has been  holding its momentum after its sparkling debut, despite losing some of  its value in recent days. Shares traded up 4 at 73-1/2 on Thursday.  ====================================================  Kevin, tell me I am wrong on this: You only cut to BUY from  Strong Buy. BT Alex. Brown is serving as the Solicitation Agent  for the consent solicitation, and you guys are considered one of  the big name underwriters that can take a companies share price  to the moon and keep it there. I put this all together with what  IDT has now got going and I say soon, real soon, you're gonna  stand tall and POUND THE TABLE ON IDT!!!!!"  Well?:-)  |