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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Hawaii60 who wrote (16339)11/4/1999 11:18:00 PM
From: Smear_campaign  Read Replies (1) of 30916
 
Hawaii, how are investors profiting from all of this? I can appreciate the influx of 100 mil in the coffers but the benefit thus far appears to be the hope that the market reacts well to this news. With the lack of confidence (which is how I am rathar simplistically explaining the market reaction to IDTC share price to myself) and the way management has alluded to a direct investor initiative, I don't see this as being specific enough. Share price with this kind of plan makes sense company wise, and business wise but a lot of investors waiting for something in their pockets are going to be dissapointed, at least initially. We are going to take a hit IMHO, if their isn't something a little more "juicy".

Warren, I thought IDTC had no debt?
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