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Technology Stocks : IDT *(idtc) following this new issue?*
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To: 613 who wrote (22947)1/3/2001 9:30:23 AM
From: Arrow Hd.  Read Replies (1) of 30916
 
613, I think most of the companies that got hit the heaviest yesterday had relatively high PEs still or no PEs at all and had a negative burn rate, poor book value and/or weak cash positions. The companies with good cash positions did not get hit as hard and some like NTOP held well.
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