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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Tom Caruthers who wrote (1351)1/11/1999 3:07:00 PM
From: Hawkmoon  Read Replies (1) of 30916
 
Tom,

I concur.. I was wondering why they were dropping prices so quickly as well. I am unable to determine whether it is becaues they are experiencing a lower opertional cost now that the infrastructure is in place domestically, or whether they are trying to capture substantial market share.

Either way, it is far easier to lower prices than to raise them. I don't believe that management would lower prices unless they felt they could maintain significant profit margins as volume increases.

Regards,

Ron
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