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Technology Stocks : IDT *(idtc) following this new issue?*

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From: carreraspyder4/23/2008 11:01:53 AM
   of 30916
 
re stanford research upgrade of idt from sell to hold:

"April 23, 2008

07:55 EDT IDT
theflyonthewall.com:
IDT Corp-

IDT upgraded to Hold from Sell, target $4@STFG
Stanford upgraded the shares because they believe that IDT may sell its telecom segment, and they noted that IDT has sold assets in the past for greater amounts than they anticipated. The firm believes the stock is fairly priced in the short term, as IDT has net cash of $3 per share and a receivables portfolio worth almost $1 per share."
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