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: amoezzi who wrote (2448)	3/10/1999 10:58:00 AM
From: Charlie Yang	Read Replies (1) of 30916

Abdol, My current view is that IDTC is a long term STRONG BUY to SMALL investors. 12 month price target: $35. IMO, IDTC's recent price movement reflects SMALL investors' trading pattern. Like other internet stocks, price reacts on good news and very volatile. I do not see any upgrades coming soon from institutions. In this period of spinoff process, institutions normally stay away with the stock, even they view it is a great buy long term. After the spinoff completion (I expect 3Q99), institution will start BUY immediately based on the fundamental value of IDTC' core long distance telecom business. Plus, Net2Phone has just proved it has attracted the internet leaders via win-win alliance. NSCP will be part of AOL. Today's news is VERY VERY BIG over the long term. I also expect that IDTC may not deliver satisfactory services to its Net2Phone customers for the next year or so. Negative news may pump up from time to time. But these issues will be resolved, takes time and commitment. I'd like to see IDT managment team adds more efforts in quality services. Happy investing, Charlie

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