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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (6430)3/23/1999 11:40:00 PM
From: Madharry  Read Replies (1) of 78497
 
Paul, I wonder why you are reducing your position in IDTC. I know it has run up some, but I think this is still a company who might be a little like vvtv? It may be evolving from a value play to an internet play except that this these are guys who have demonstrated ability to find a niche and make money off it in the past unlike most internet companies which have only shown an ability to sell stock. I sense a growing internet presence plus all sorts of tie-ins plus the global telephony business- I believe that this company could double or better in a couple of years and the downside risk i think is around 25%. I increased my position at 16.25 and sold some UBB to do it.
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