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

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To: Tom West who wrote (1703)1/30/1999 6:27:00 PM
From: Andrew H  Read Replies (1) of 30916
 
Tom, details of IPO/spinoff are not available. All we know is that an event which will make the Internet business independent is "imminent," and the underwriter has advised the company that they are in a quiet period regarding forward looking statements about it. It may just be a spinoff and not a full fledged IPO, but we don't know the details. We do know there is a big "media" investor involved but don't know who that is.
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