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: Steve Fancy who wrote (10274)	6/30/1999 12:08:00 PM
From: Arrow Hd.	Read Replies (1) of 30916

I believe the Morgan Stanley analyst who covers the Telco's pulled the plug due to pricing issues. I have not reviewed his report yet but I suspect it is over the price war issues and the potential for price attrition to core businesses. Morgan Stanley obviously has some good analysts and carries a lot of weight in the markets but they are not infallible. The guy covering IBM in March offered that there was a 30% chance of a pre-warn when, in fact, IBM blew out the numbers like never before. It was a truly pathetic call.

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