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

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To: HVN who wrote (1289)12/29/1998 11:02:00 PM
From: E Newman  Read Replies (1) of 30916
 
Where did u learn how to read a balance sheet?

"financially, they are constantly on the brink" They have over $150,000,000 in the bank, The book value is $10.56

"not impressed with the operation"

They went in only a few years from a few million in sales to now doing close to $500,000,000 in sales.

"not impressed with the business long term viability"

Just for their Click2talk product
They have signed up more than 70 corporate clients.
There were major company announcements about recent deals with
1800 Flowers and Land's End that demonstrate
the potential reach of the business.

You obviously have not done your research well enough, to make such statements.

I recommend you start with reading the company's 10K and 10Q.
Good luck.
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