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Technology Stocks : IDT *(idtc) following this new issue?*
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To: savvyguru who wrote (22941)1/2/2001 3:46:26 PM
From: 613  Read Replies (1) of 30916
 
I would have thought that all year end tax loss selling and margin selling due to the drop would have happened already. Anybody know of any other company selling for this much below cash value?

I don't believe the management wants it to go lower but obviously nobody is buying and nobody will without better direction from management (don't think they care though).

With all the cash they have, they must try to create another NTOP (miserable attempts so far including tv.tv) or buy a solid company with tax losses they could use which shouldn't be too hard in the current environment. I would guess that if they don't buy a compnay within the next quarter, they never will and HJ will be content to sit on the cash thinking away while the stock price continues to sink.
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