BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CBurnett who wrote (801)	6/28/1999 5:05:00 PM
From: Frost Byte	Read Replies (1) of 954

I sent this message to Steve Harmon regarding the IDTC/Net2Phone IPO..any comments appreciated: IDTC - Steve, IDTC owns 60% of Net2Phone, which just filed for their IPO, via H&Q and BT Alex Brown. The price range is $10 - $12 and AOL, GE, and Softbank are all investors in Net2Phone. My question is...assuming the stock pops to $20 a share (which, given the company and its backers is not unrealistic), this will give IDTC's stake in Net2Phone a value of almost $600 million....yet, IDTC is currently valued at only $530 million for the whole company, which includes the IDTC piece...in fact, Net2Phone accounted for only about 8% of IDTC's revenues.....could IDTC be a great way to participate in the Net2Phone IPO??? (In addition, CNBC reported today that Sprint is in talks to acquire IDTC....just a rumor I believe).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next