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: Hawaii60 who wrote (3838)	4/6/1999 11:51:00 PM
From: David Wise	Read Replies (1) of 30916

Hawaii, ZD retained 80% ownership and still went down the day of (or day after) the IPO. $7.00 drop, in fact. This is the point that is so ironic - MALL also retains 80% of UBID, but UBID is worth more than MALL in market cap. Go figure. The same held true for ZD last time I checked. They own > 80% of ZDZ, but ZDZ has a higher market cap. I have a high regard for ZD, IDTC, and MALL and have owned each at one time or another. I lost money on MALL. Big surprise, I made money on IDTC. I think someday the Net2Phone will fix their choppy transmission, but I'm just not sure. Translating analog into digital packets and translating back for analog switching may not ever pan out. Then it may just be my AOL connection. But I can't see owning a stock whose product I tried and didn't like. Once everyone has the equivalent of cable modem bandwidth, it'll be easier. But there will also be more competition. One good thing, IDTC is setting their place as the AOL of internet telephony. I hope that works for them in the long run.

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