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Technology Stocks : IDT *(idtc) following this new issue?*
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To: EACarl who wrote (1412)1/15/1999 12:11:00 AM
From: Andrew H  Read Replies (1) of 30916
 
"Through the end of 1999." Those are very heavy words. Not only for the Q, but for the whole year. The only thing that will save this company now is the announcement of the Internet IPO. Otherwise, the price will languish for a very long time.

I think given their Internet prospects that $8 is pretty cheap. After all they are growing their revenues very, very strongly. The only problem is if the competition will start squeezing their margins , making profitablitly more and more tenuous.

If they were smart they would announce an IPO and all sort of e-commerce deals as quickly as possible. That could rocket the stock to new heights. Internets do not need earnings!
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