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Technology Stocks : IDT *(idtc) following this new issue?*
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To: David Wise who wrote (3223)3/30/1999 11:42:00 AM
From: Hawaii60  Read Replies (6) of 30916
 
David, What is your definition of equity securities? If this were a spinoff, they would have no need to have arranged a credit facility to bridge the bond issue.

<IDT is commencing the offer to purchase and consent solicitation primarily for the purpose of enabling IDT to effect one or more possible financing transactions involving Net2Phone, Inc., a Delaware corporation and the subsidiary of IDT that conducts IDT's Internet telephony operations. Net2Phone has executed a term sheet with significant strategic investors relating to an investment in Net2Phone's equity securities,>
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