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

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To: neverenough who wrote (2390)3/6/1999 3:06:00 AM
From: blankmind  Read Replies (1) of 30916
 
serious problems. why do you think that idtc is desperate to spin-off the net2phone division? they developed a money losing product which has cut profits in 1/2 from last year. do you really believe the bondholders will agree to the consent agreement? this consent agreement would have been a cake walk, except the only advantage is for idtc, and none to the bondholders.

idtc could be the next cpu, 5 billion in revenue and zero profit at this rate for the ideas.

idtc has now strung along shareholders for a month. how long will you hang around? dead money, actually worse than dead money, this is diminishing money.

good luck.
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