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

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To: Tibor who wrote (1758)2/1/1999 5:11:00 PM
From: Secret_Agent_Man  Read Replies (1) of 30916
 
"I wonder why some people even trade. IDTC's portal
news was out for awhile. Everyone knew it was coming,
so OF COURSE it had a minor sell-off. That's how these
things work. People sell into events. If the news had been
a suprise, it would of popped.

As it is, it we ended the day only off -3/8. That's because
we traded very well today. We were able to absorb
traders selling into the news with lots of buyers waiting
for the pullbacks. Remarkably, we did about average
volume - no massive "sell into the news" sell off. IDTC
should now continue back on it's upward trend."

my sentiments exactly
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