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

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To: Andrew H who wrote (3958)4/8/1999 12:42:00 AM
From: Diamondhead  Read Replies (2) of 30916
 
Andrew,

I have been thinking about raising my sell target from 30 to 40 also. This, however, is often where I have lost profits on other stocks. The good news that I was expecting at 15 happens or is about to happen, then the price goes up confirming the good news, and then I start thinking a higher price is possible. Is the confirmation of the reason we set our sites on 30 a reason to raise our target higher? Or is there new information that justifies?? I haven't heard anything better than the IPO yet. I do have a greater appreciation of the potential here I suppose. The raging bull article a few days back helped me see some of the broader possibilities...e.g. all those people in the chat rooms on AOL net2phone-ing each other.

I'm curious on your reasoning to raise your target price if you don't mind telling me. Thanks.

Kevin
24 7/16
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