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

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To: 613 who wrote (13318)8/23/1999 11:00:00 AM
From: orkrious  Read Replies (1) of 30916
 
Clearly the market is saying this is a NTOP short squeeze

I am skeptical of this. I know some people have been able to do it, but most brokerages do not allow shorts on new IPO's. Even once it is a little more "seasoned," there has to be a big enough float for shares to be available to borrow. I'm not convinced enough people could short it to create a squeeze.

and it will come down

This I agree with.

Jay
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