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: Bill Fortune III who wrote (2397)	3/7/1999 9:19:00 AM
From: j g cordes	Read Replies (2) of 30916

Regarding call activity.. most of the activity is 1/4 to 9/16 near month 15's. If institutional money were playing the hype they would be buying in the money a month or two out. Its what you do when you have cash to play with, because there's some safety in time... Or you take the opposite play of buying shares and selling at the money puts. The call activity looks more like lots of small internet players hoping a rumor will come true... which it may or not. Just a comment on how options should be read.

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