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

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To: xcr600 who wrote (1539)1/20/1999 6:21:00 PM
From: Stephen  Read Replies (1) of 30916
 
xcr600 - The love/hate relationship with the intenuts comes and goes. Whilst they are getting hit now, who knows how they will be regarded next week ??. Heck ... I don't even know how they will fare tomorrow ... Excite reports and an IPO is due this week I believe. CNBC just mentioned Time Warner might be looking at CDNW ....

The momentum can easily change ... so I don't count on that as a positive or a negative ....though the earnings today are coming in pretty nicely - and if there's a following momentum wind at the right time anything can happen. The risk/reward for this one is just too compelling !.

Nice thing about IDTC is I don't see any downside risk to speak of .....which is the way I like it !!!.

As for everyone knowing about it - I didn't know about it/follow it until I looked into it this weekend. I may have heard it mentioned at times on CNBC ... but nothing to make me interested. I think that there are a lot of people like me who maybe comfortable investing in this 'internet' than most others ....

Now if they can just file their S-1 and make an announcement about the spin-off !!. My suspicion is that they are going to release news periodically to meet the 'price to press release' ratio thats necessary to maintain upward momentum - at least I hope so !!

Good luck all ... this board is sure quiet

Stephen

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