IDT *(idtc) following this new issue?* Message Board

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

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To: C. McD who wrote (1352)	1/11/1999 3:33:00 PM
From: Hawkmoon	Read Replies (1) of 30916

The share price could fall to $10 to $15 in the short term, he added. Pomeroy's note follows an announcement by industry leader Pacific Gateway Exchange Inc.(PGEX).. What an incredibly P*ss-poor analysis based upon another company's problems. Because another company may have not met their revenue goals doesn't mean that IDTC deserves to be walloped by 1/3 in sympathy (based on his short term prediction of where the stock will go) However, PGEX was hammered. IDTC needs to move forward with this IPO while there is an influx of retirement money coming into the market. And it needs to work on getting its story out to the street. Regards, Ron

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