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: Andrew H who wrote (1556)	1/21/1999 4:48:00 PM
From: Stephen	Read Replies (1) of 30916

Andrew, notwithstanding the market, I've seen similar price action to this on stocks awaiting news. DBCC stalled and went from 20+ to 16 & change before taking off. INDI went to 3 then back to 2 before hitting 10 a few days later. I always look for a pullback 2 days after news has caused stock to rise .... and todays market didn't help. Internet IPO's start to come out soon, and earnings remain strong. The macro-economic news is old hat, as is the knock on effect to the other Latin-America contries & Asia & Mexico. Me thinks perhaps profit taking is occuring. 'Course the blue chips are very overvalued, and I feel the biggies do need a haircut ... but not just yet .... pleeassseee!!!. Best Regards Stephen

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