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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Tom Gebing who wrote (1124)9/28/1998 9:40:00 PM
From: Tom Gebing  Read Replies (1) of 30916
 
IDT Corp. Cuts NetPhone2 Rates To Hurricane Georges Regions
Dow Jones Newswires

HACKENSACK, N.J. -- IDT Corp. (IDTC) plans to lower NetPhone2 rates on its PC-to-phone service to Puerto Rico, the Dominican Republic, Florida, Mississippi, Alabama and Louisiana so customers can keep in touch with friends and relatives affected by Hurricane Georges.

In a press release Monday, IDT said it will reduce calls to Puerto Rico, Florida, Mississippi and Louisiana from anywhere in the world to four cents a minute from 10 cents a minute, and cut calls to the Dominican Republic to 15 cents a minute from 25 cents a minute.

The telecommunication services provider said the rates will be in effect for one month, starting immediately.

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