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

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To: Andrew H who wrote (10258)6/30/1999 10:35:00 AM
From: Steve Fancy  Read Replies (1) of 30916
 
The road show, if it's taking place, does not seem to be a big hit. Block volume dried up yesterday with 1-10K sell if I remember. The rumor buyers seem to continue to bail. I'm getting the feeling Joe investor is not ready for an internet telephony IPO. I think the IPO may be lucky to hold it's listing price at the end of the day.

Still long, but uneasy.

sf
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