10 Million Shares and 20+: The Imminent Event is Imminent
by: kennedy__style__entrepreneur
This spinoff and corporate investor are coming
and they are probably coming very soon, and
IMO the odds are 51% it will be next week.
The Company is on the brink of an event that will
will lift the combined value of IDT and the
spinoff/ipo, Net2Phone, to a new high well
beyond last years high of 40.
The spinoff alone will probably exceed 40, just
look at what is happening to internet ipo's and
look at Net2phones market leadership in VOIP
domestic and international, corporate and
retail, e-commerce and home shopping.
February 17 is coming and will bring a public
announcement that the consent solicitation has
been approved and that means the door is
formally open to public announcement of the
corporate investor, public filing of the
IPO/Spinoff registration, and within a matter
of weeks, public trading of Net2phone and most
likely formal distribution of some Net2Phone shares to IDT investors.
The moment is coming, and the great secret is
now a matter of public record. We are within days of a dramatic announcement that will bring the longer term investors, momentum players, larger institutions, day traders, and short coverers together in a run up that will be the mother of all up weeks for idt, coming soon.
The hourglass is running out of sand, as we
approach a day of 10 million shares of trading as Net2phone and IDT together will break 20
and break 30 and break 40 and break 50 and
break 60 and never look back again.
My prediction:
IDT this year will trade at 35.
Net2phone this year will trade at 60.
The combined value of IDT and Net2phone will
reac 95 this year.
If the corporate investor is a world class
superpower like Softbank or NBC or Disney
these estimates will be conservative.
The whole deal will be announced within 10
trading days and very likely within 5 trading
days.
Be confident today, because we will celebrate
tomorrow.
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