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

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To: Arrow Hd. who wrote (10277)6/30/1999 12:25:00 PM
From: Steve Fancy  Read Replies (1) of 30916
 
Thanks Arrow. Don't know where I've been this morning to have missed all this news. Focusing on post-FOMC strategies I suppose.

Yes, analysts including Morgan Stanley are wrong quite often. TBR was first calls top rated stock for the better part of last year...look what happened in Brazil. Then, they all predicted doom and gloom for Brazil and LA in January with ridiculous year end figures...anyone that listened has missed 80 to 100% upside in a few months. Anyone using top analysts as a contrarian indicator have done very well in short time, at least in the case of Brazilian equities.

sf
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