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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (6704)2/12/1999 5:26:00 PM
From: Shtirlitz  Read Replies (1) of 18998
 
Mr. Pink,

There are rumors circulating, that a smallcap telecom company IDTC is going to spin off thier internet telephony division, called Net2Phone.
Company management was hinting on it during the past couple month. BT Alex Brown is rumored to be one of the possible underwriters.

Company has a solid history of revenue and earnings growth, and could be a big winner, if the IPO rumors will prove to be true.

I was wondering if any information about it has passed by you, by any chance?
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