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Technology Stocks : IDT *(idtc) following this new issue?*
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To: blankmind who wrote (16396)11/6/1999 7:38:00 AM
From: wl9839  Read Replies (3) of 30916
 
Blank,

If I were advising IDTC on what they could put out during the quiet periods existing today I would tell them to stay away from items dealing with Terra Networks and NTOP. However, any other initiative which is purely IDTC (and not subject to condfidentiality problems such as a buyout-haha) can be publicized. With respect to Friday's announcement, such an after the market announcement is just not IDTC's style which appears almost always to be an announcement about 8:30 on a trading day. I would not be surprised to see an IDTC announcement Monday a.m. Remember the announcement out yesterday was generated by FNet and (as someone else as postulated) was probably put out to give that company time to tout it over the weekend in its sister investment newsletter.

As to what the 3 PR people are doing, who knows. Either they are chomping at the bit, doing things not apparent to the board (such as pursuing PR opportunities overseas or within ethnic related communities such as Spanish language media) or just wasting SGA resources. As HJ, as most majority business owners do, seems to consider a dollar spent by IDTC a dollar out of his own pocket, I can't believe that this last scenario is correct.

WJ
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