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: Steve Fancy who wrote (13036)	8/13/1999 1:21:00 PM
From: Hawaii60	Read Replies (3) of 30916

BTW, IMO strx another company in our sector will be taken out for at least a double, possibly more short term. They recently warned and took the hit down to $5. They had the report and conferance call last night. During this call the ceo admitted they were already profitable in July as they stopped competing with wcom. He also admitted that they were in negotiations with several companies to spinoff the German division for about $9 which he would be taking in stock and dividending. But, and here is the rub. Hawaii thinks that either glbx or qwst will take the whole company out shortly. They are looking at strx, primus and pacific gateway. However, strx is the best fit as pacific has almost a billion dollars in debt and primus does not bring as much to the table. I am long in this stock and substantially increased my position yesterday before the numbers were released.

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