IDTC Options Players (losers and whiners) Message Board

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Technology Stocks : IDTC Options Players (losers and whiners)

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To: Tony A. Matthews who wrote (128)	1/13/2000 2:16:00 PM
From: Steve Fancy	of 593

>>I'm don't understand why NTOP going down would actually boost IDT. Could you elaborate?<< Well, many used to talk about the potential arbitrage opportunity shorting NTOP and going long IDTC. Never panned out. I think a part of the problem is that no one was buying NTOP valuation and had no idea where it would settle down. I think many believe it's just starting to settle. I think if NTOP based in the 35 range, folks may start to believe it has bottomed and start recognizing the intrinsic value in IDTC share price. It's my feeling at some point this value will be recognized...what will turn it around? Maybe the January plan? Maybe late January early February as we get beyond the NTOP share lockup that ends January 25th? This seems to be the main thrust behind the shorts arguments. Interestingly most shorts I've seen don't seem real interested in shorting IDTC any longer. regards, sf

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