IDT *(idtc) following this new issue?* Message Board

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Technology Stocks : IDT *(idtc) following this new issue?*

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To: BlackDog777 who wrote (2002)	2/12/1999 10:08:00 PM
From: Hawaii60	of 30916

I sort of agree with you on the board of Directors. Many of them are well heeled and could afford more. Each Board Director though also receives an option on 10,000 shares per year at market which can be exercised at any time within a ten year period. As for this: <Why would the Director who recently exercised & sold a measly $26K in stock do this if he knew it was going to take off in a couple of months? I know you'll say he needed the money, but I think I would borrow that money on a short term basis if I knew those shares were going to take off imminently. Hell, there are people on this thread who leverage themselves on IDTC and they're on the outside. If there is money to be made - there's your reason.> This Director was gift giving IMO just prior to the end of the year. This company like it or not (and many people don't), compensates its employees so well with stock options that unfortunately they really never do need to buy additionally. I can tell you this though. Many many many employees routinely purchase the companies stock. The company has strict rules as to when they can and cannot do so. Best regards.

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