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: blankmind who wrote (16337)	11/4/1999 10:23:00 PM
From: Hawaii60	Read Replies (3) of 30916

Blank, good question. If it goes down I am literally loaded for bear. Even transferred more money tonight. However, it should really be an interesting volatile morning. First off, NTOP may sell off initially. It's just a natural reaction to a company filing for a secondary. IDTC's knee jerk reaction may be to do the same. However, should NTOP recover and by that I mean appear to stabilize at 45 or better or even move up a couple of dollars from there. It could trigger a massive short panic in both NTOP and IDTC that would completely reverse the situation. NTOP has a HUGE HUGE short position and a very small float. If those people panic and start to cover watch out. The other side of this is we may feel some pain first. Maybe not. Maybe just NTOP will. Once people figure out though that IDTC is going to Net over 100M from this deal and still own 48% of NTOP with supper voting shares x3. They will see that IDT has indeed proven that this asset can be monetized at will and will credit it accordingly. Like I say. It will be very interesting. I have canceled everything I had going tomorrow to take advantage of any unreasonable dip.

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