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

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To: Andrew H who wrote (10388)7/1/1999 3:58:00 PM
From: Steve Fancy  Read Replies (1) of 30916
 
Thanks Andrew. I haven't followed the internet IPO's as closely as I would have liked, but I know BKS/BNBN was a recent backdoor IPO. I don't recall BKS appreciating much if at all just ahead of the IPO listing, and they both sold off in the days following the IPO. It may not have had the short interest we might be carrying here though. I also wonder how much of the runup from 12 or so was in anticipation of this event. Recent earnings didn't necessarily support the enthusiasm.

This issue definitely needs something to generate some excitement. Any road show impact should be peaking. Some news on the ISP could be just what the doctor ordered.

Thanks again for your thoughts.

sf
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