SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?*

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: prof.Hacky who wrote (21355)8/1/2000 10:50:01 PM
From: Hawaii60  Read Replies (2) of 30916
 
prof. Hacky, Well, good point. IDT has never failed to grow grow grow 50% per annum since their formation and I do not expect that to change. With the new ATT reciprocal agreements, I'm expecting revenue to about double.

As for the cash, of course you are correct. What they do with the money is important. It's also important to note that if they do nothing but collect even 5% interest on it. It will increase earnings per share by about 44 cents per quarter. Also, the cash as well as NTOP and TRRA shares all go to shareholder equity now that IDTC will not longer control NTOP. That's about $60 per share on top of the $15 that's already there. There are at least a hundred funds that would instantly buy IDTC at any price under $60, once that hits their radar screens.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext