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

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To: Madharry who wrote (12621)8/3/1999 1:27:00 PM
From: Hawaii60  Read Replies (1) of 30916
 
Armin, I don't know. It looks like they retail investor is being shook once and for all from IDTC and most are going over to NTOP where they probably will be happier.

The yahoo's in particular were so adamant about wanting NTOP shares that the lower it goes the more of a bargain they think it is. Therefore many are exiting IDTC and going for NTOP. Combine that with the weak market and we got a situation ripe for volatility.

Clearly, any reasonable person usinfg any reasonable valuation would consider IDTC a complete giveaway at these prices. But, until these folks get positioned in both stocks they will not be stable IMO.

Can't believe that arbitrage players aren't all over IDT yet. THAT, could happen any time.
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