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

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To: SpecialK who wrote (3222)3/30/1999 1:24:00 PM
From: Marty Rubin  Read Replies (2) of 30916
 
if you're wrong, you'll be on the very long list of people trying to predict this stock's move, and get it, well.... as to the bond problems, the moment it's over, everything is cleared. people are already interested in n2p. idt is developing these mass distribution so it can spinnoff/ipo the unit at a higher price. the bond deal will go through, and if i was the bond holders, i would wait since the co. seems eager to go ahead with its plans. it had been months now and am sure they can't spend (and they know that) too long on this deal. i hold the same thoughts as before (see any drop as an opportunity to buy more). idtc @ 17 1/4 1:22 PM EST.

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i don't think an ipo or spinnoff will take as long (as it usually does) since it was in the work for a long time and the bonds are the only obstacle, as it seems for the past 2 months or so. idt 17 1/16 (low of day 17) @ 1:28.
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