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

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To: neverenough who wrote (1431)1/15/1999 7:24:00 PM
From: xcr600  Read Replies (1) of 30916
 
Ugh. My timing sure stunk on getting into this one. Bought on Wed's dip.

What "signs" or indicators has mgmt given to assume an IPO announcement may be forthcoming? If the market unravels more, it will be a moot point to announce anything. The time was two weeks ago.

I tend to agree with Zeev, that we may see 7-8. May consider boxing my long with a short position for the next week. Undecided as of now.

I forget who posted the message a couple of days ago about talking to IR, and IR claiming to have deals in the work, good news, etc..etc.. Could have fooled me! My hope is that mgmt was aware that the earnings miss was going to kill the stock, so why bother with good news prior to the bad. They'll save the good news for a "rainy day" such as today. This thinking is why I'm reluctant to go short right now. Good luck all.

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