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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Herschel Rubin who wrote (22953)1/3/2001 4:00:35 PM
From: savvyguru  Read Replies (2) of 30916
 
Herschel/Arrowhead - there is a ton of cash out there and growing every day. Employee pension plans, 401ks, rollovers, bond and CD maturities, whatever. It only takes a couple of the leading mutual funds to change their allocation and money will flow in large quantities back into tech stocks as everyone jumps on the bandwagon.

One thing for sure, though, is there will be a much greater emphasis on earnings and there already is a greater awareness of burn rates. NTOP and IDTC will need to demonstrate how they will make money as well as grow earnings if they are to attract any serious institutional attention.

Savvyguru
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