IDTI - an IC Play on Growth Markets Message Board

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Technology Stocks : IDTI - an IC Play on Growth Markets

IDTI 48.99

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Mar 29 5:00 PM EST

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To: LarryS who wrote (4712)	11/10/1997 1:09:00 PM
From: William B. Kohn	Read Replies (3) of 11555

Hot off the press H&Q Initiates Coverage LOS ANGELES, Nov. 10 (Reuters) - Hambrecht & Quist on Monday started coverage of IDT Corp, an international provider of telecommunications services, with a strong buy rating. -- said IDT is just beginning to tap the potential of its Internet telephony product offerings. -- said ''the time is excellent for investors to consider taking a stake in this fast-moving company.'' -- forecast a profit of $0.48 a share on sales of $295 million in fiscal 1998. That is up from a net loss of $0.18 a share on $135.2 million in sales in fiscal 1997. go IDT willyb

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