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: Charlie Yang who wrote (2086)	2/17/1999 3:15:00 PM
From: Cymeed	Read Replies (1) of 30916

Charlie, thanks for your fine analysis re IDTC valuation. One reason that IDTC stock price has been depressed, imo, is the concern re their pre-paid calling card business. Some investors are betting this business to be going out, so your $600 million revenue in 1999 may not be worth of $900 million capitalization, at least in some's eyes. We are caught in the general market weakness, and IDTC has been on a down trend for months even prior to that. The current weakness can be explained. I jumped back into IDTC in the $14s again after got out at the $15s. Now sufferring with everybody else. Hopefully your prediction of a $32 stock by the end of 99 will be reality, then a couple of dollar drop does not mean too much in short term.

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