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

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To: orkrious who wrote (13583)8/26/1999 8:47:00 AM
From: john douglas  Read Replies (1) of 30916
 
Herb knows what he's talking about ...

"Pumpers and dumpers are having a field day, no doubt, with the stocks of Net2Phone (NTOP:Nasdaq) and IDT (IDTC:Nasdaq). Like the old days of the Internet, at the expense, no doubt, of the little guy who will almost certainly get walloped. Anything, and I mean anything that goes up that quickly -- on a relatively small float -- almost always falls just as quickly, if not faster, after this kind of buying frenzy."

After all when he talks about "the old days" he must be talking about TSCM. First day high $71.25, yesterday's close $19. Now that's what I call a real walloping. Guess the little guy wasn't taking a look at the fundamentals there either.
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