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: W Sheffield who wrote (13471)	8/25/1999 11:10:00 AM
From: DavidH	Read Replies (1) of 30916

Somebody help me here. I can't believe the 25+/- mark for IDT is the true value being assigned to this stock by the market. I can't help but believe the selling is daytrade short selling in volumes the are high enough to keep the price from rising. (7+ mil yesterday and over 2.5 mil today!?!) I've seen some 10000+ blocks come across at the ask as the price has dipped down to the 25 - 25 1/4 as if accumulation is still taking place but heck, the entire float just about flipped in the last three days. I know there is a large short following of this stock but I also can't help think that everyday that the price of NTOP stays at levels above 30 -35, it is confirming a solidification of their market valuation and therefore anyone who owns it. When do you think the IDT's NTOP ownership effect will be realized and what will it take to do it?

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