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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (14006)8/27/1999 1:38:00 PM
From: kolo55  Read Replies (2) of 27311
 
Someone posted that Carl Berg owned IDTC.

Well Individual Investor(II) posted a commentary on IDTC today:
iionline.com

Here is a brief excerpt:
But if you like Net2Phone, you have to love IDT Corp. (NASDAQ:IDTC - Quotes, News, Boards), which still controls 57% of Net2Phone. At a recent $30.50, IDT is valued at $734 million. But IDT's stake in Net2Phone is worth $2.45 billion. I'll repeat that in case you missed it. $734 million IDT is sitting on a $2.45 billion asset.

Is this the same company? If it is, then Carl Berg's investment record looks pretty good to me.

Paul
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