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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jules Shear who wrote (8384)1/19/1999 7:24:00 AM
From: JustInTime   of 90042
 
IDTC could rock this week. Down sharply last week on smaller than expected profits (due to infrastructure spending, revenues still up), oversold IMO, plus upcoming IPO spin-off (TBD) and now this:

>>I would expect some kind of announcement tomorrow from IDTC, this is posted on the front page of ezsurf.com

Official Launch Date: February 1, 1999. Not all categories have e-Tailers yet.
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<<

IDTC is more like AOL than other regular eTailers in that they actually own infrastructure, they are an ISP, they are getting into eCommerce in a big way, building relationships w/other eTailers and have an upcoming IPO coming (details not publicly released yet, but according to CEO it is a "done deal").

I called this one here last week at $10, could see $14 easily this week and maybe even a double w/in month. Not much downside from here IMO.

Good luck!
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