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

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To: Diamondhead who wrote (12893)8/10/1999 1:16:00 AM
From: Hawaii60  Read Replies (1) of 30916
 
<Steve, you bring up valid concerns. However, I believe ATT, MCI, and Sprint want to still profitable. Why should they slit their own throats by giving away free phone service and free internet service. They need to make a buck somehow. They need to pay for all the broadband infrastructure that they are building somehow. >

Actually, this price squeeze does nothing but make IDT's prepaid card business more profitable. It has no effect whatsoever on the termination of ld calls over IDT's network in foreign Counries and if you think IDT isn't routing Fons calls on the evenings and weekends. Think again.

The domestic ld market is not one that a price war will have any impact whatsoever on IDT's profitability except for an upward one.
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