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Technology Stocks : IDT *(idtc) following this new issue?*

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To: SteveJerseyShore who wrote (17701)12/29/1999 3:03:00 PM
From: BinkY2K  Read Replies (1) of 30916
 
Steve, 18!

I would have disagreed with you earlier that 18 was possible. But, my last buy today was at 19 3/4 and the low is 19 5/8 as NTOP dies slowly. I am now thrilled I slowly bailed out of NTOP in the mid and high fifties.

But, I won't bail out of IDTC. I don't know how many shorts are left, but we could have enough in both stocks to get a nice pop if they get squeezed.

With my other favorite, REFR, I am seeing a nice squeeze today that I engineered. I kept the pressure on and raised the stock for days and stopped buying at 13 1/16. This got new people in and the shorts panicking once they figured out the old days are over. It is at 15 1/14 and rising and was 9.5 this MONTH! The volume, for this stock, is astounding.

I would like to see IDTC gain such momentum as folks see how beaten down it is and blind-side the shorts and bring us to at least 25 by Friday at 1. Then, next month, we could see the real rise.

But, I don't really want any more shares, and 18 would be intolerable for so many people that I hope your wish to buy at that price does not come true!

Bink
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