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

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To: dabadabadoo who wrote (4381)4/9/1999 8:47:00 PM
From: Lea Hwang Lee  Read Replies (1) of 30916
 
Hi all,

I am a "long" on IDTC.
I have a few dumb questions:

1. If IDTC does not spin off Net2phone,
wouldn't the IDTC stock goes skyrocket, instead
of the IPO? Why do they need to spin off?
Spin off seems to dilute the value of
IDTC's stock itself...

2. Do IDTC's stockholders have a voice
(or a vote) on the spinoff issue? At the
very least, do the current IDTC stockholders
entitled the right to purchase some IPO's
shares first hand?

3. What will be the impact of the spin
off has on IDTC's stock price?

Could anyone care to enlight?

Sincerely,

Lea the dumb...
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