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Technology Stocks : IDTI - Dark Horse For '96 ?
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Alden Pratt who wrote (659)2/27/1996 3:51:00 PM
From: olduser   of 1139
 
Okay you guys an analyst from UBS Securities I think just gave us another downgrade. There might be another round of short term profit taking, not sure. He specifically mentioned IDT. I don't know how these guys draw their conclusions without actually either being in top management of the company, the accountant for the company, the bank for the company, knowing what each item IDT is making or is going to make and at what price it's being purchased at, at what quantity, and what all future projections are. I really don't think they look into those things at all and instead they just make their decision. How totally lame in my opinion, if and only if that is what happens prior to their coming on national tv and saying something.
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