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: 613 who wrote (10793)	7/8/1999 11:48:00 AM
From: Steve Fancy	Read Replies (1) of 30916

The big banks and big names are the only reassuring factor to me, and the only reason I may give it another day or two. However, if some question of bad ethics comes from all this, it could severly hinder an already damaged credibility factor. We don't know the terms of many of the deals IDTC has been lining up. They could be giving the house away to establish a name. Why would they be selling stakes to the big guys at $3 a share, and at those prices what do the big guys have to lose? Do they feel $3 is fair value? If not, how about twice that? Seems that perhaps they weren't willing to pay much. Further, don't think we've seen any endorsements or comments good, bad or otherwise from the big guys. sf

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