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

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To: rgus who wrote (12608)8/3/1999 11:24:00 AM
From: Augustus Gloop  Read Replies (3) of 30916
 
You may be right but the stock seems to track with the internets which I think have further to go in terms of price drops. The thing that is discouraging is that IDTC sells down in almost equal percentages to a middle tier INET but the recovery seems to be slower and with less interest. Time will tell but at this point I'm not sure we have been done any favors by the company. It would appear that we should have received NTOP shares to make up for the 40% decline in IDTC. People will argue this point but if earnings are not stellar next quarter this stock is in deep trouble. I can hear it already....we missed this quarter due to costs associated with the IPO of ntop. This will not be well received and may even cause a shareholder lawsuit.

Any thoughts?
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