IDT may have the appetite, but not the stomach.
They would need cash!!, imo
Perhaps they can borrow some from Ebbers
It is interesting how several at IDT wanted to sell their holdings in late May and early June. I wonder if they are still planning to sell.
IDT Insider trading (source: yahoo)
2002-06-19 COURTER, JAMES A. Vice Chairman 72,500 Planned Sale (Est $1,232,500) 2002-06-18 LICHTENSTEIN, MORRIS Exec Vice Pres 19,000 Planned Sale (Est. $330,220) 2002-06-18 KNOLLER, MARC E. Dir 15,000 Planned Sale (Est $260,700) 2002-06-18 LEVY, JONATHAN Dir 5,000 Planned Sale (Est $86,900) 2002-05-20 GARNER, CHARLES H.F. Fmr Exec VP 67,000 Planned Sale (Est $1,139,000) 2002-05-20 KNOLLER, MARC E. Sr VP 35,000 Sale at $17 per share. (Proceeds of $595,000) 2002-05-20 LICHTENSTEIN, MORRIS Exec VP 10,000 Planned Sale (Est $191,200) |