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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Stephen M. Neal who wrote (6)1/1/1996 8:02:00 PM
From: Jason Ghionis   of 1139
 
Hold on here...IDTI could bottom at 8 or maybe 4? I hope you realize that IDT
is not KMart. You're actually suggesting that this company could bottom
at a level where it's worth just about as much as it has in net cash
per share (about $4). Right now, at 12 7/8 it is selling close to book
value. This one has hit rock bottom, it can't possibly go any lower.
Just wait and see what it opens at on Tuesday morning. My guess is
around 14...
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