IDT-Corp (IDTC) - a new era Message Board

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Technology Stocks : IDT-Corp (IDTC) - a new era

IDT 50.68

0.0%

Oct 31 3:59 PM EST

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To: Secret_Agent_Man who wrote (11)	1/20/1999 10:35:00 PM
From: JC Reddy	Read Replies (2) of 66

Finally investors seem to be looking for some value (look at YHOO, AMZN, EBAY and alike). So, IDTC may finally get the attention it deserves. I am sure IDTC is a winner mid-to-long run. I am expecting it to reach $50 range (minimum) in 1999 and probably a lot more if the market and momentum cooperates. The downgrades were basically based on the assumption that IDTC is a traditional long distance company. They have so many Internet assets, they are a lot more valuable. I think this is a great stock to own with a very small downside risk. I cannot say that even about the likes of CSCO where P/E ratios are at 100 with estimated growth rates at < 30%. Sleep well.

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