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

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To: Hawaii60 who wrote (9287)6/16/1999 8:21:00 AM
From: vinh pham  Read Replies (1) of 30916
 
i must remind all that the stock went up due to the speculation of getting NTOP shares for free and the stock dropped post S1 filing due to disappointment of interpreting that no NTOP shares to be distributed. now, this subject is brought into the light again. another speculation round worthwhile of participation? i believe it is worth the discussion, but i would like to emphasize that it is pure speculation and should be regarded as such. however, i wish that this speculation had NOT been revived at all.

IDT has good fundamentals and future prospects and IDT will own a majority of NTOP. a lot of investors seem to have forgotten or not realizing its current undervaluation, rather they only want NTOP shares--a desire which magnifies the stock's volatility. having said this, i would think it prudent for the stock price's stabilization if IDT offered NTOP shares (all 10%) to shareholders of record date being the day after IDT made the announcement of the offer prior to the final S1 filing. furthermore, there should be a lock out period of 3 months (1 quarter) on the selling of both IDT and NTOP shares. by then i would hope that the businesses at IDT and NTOP would have proven to the investors that holding a core position beyond the 3 month lock-out would be a win-win situation.

all above is just my opinion.
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