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Technology Stocks : IDT *(idtc) following this new issue?*
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To: md1derful who wrote (13029)8/13/1999 9:59:00 AM
From: blankmind  Read Replies (1) of 30916
 
i would disagree that the big boys have not been playing at these levels. keep in mind we have seen mlco purchasing hundred of thousands of shares for several days in a row, and other mm's being on the bid sucking in shares.

what we see on any move up, is the small investor selling for a small gain, or to take the loss and move on. as hawaii has posted, it would appear idtc has guided the analysts on the expected sept earnings, which will clearly be very good.

and those who wish to accumulate need not chase the stock higher, just sit on the bid and wait for the small investor to sell.

i can also be patient and wait for sept earnings.
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