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

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To: Bill Zeman who wrote (4521)4/11/1999 10:02:00 AM
From: blankmind  Read Replies (1) of 30916
 
naive on your part to assume that because the story has had limited exposure, only those investors who already own/knew about the stock purchased on friday. internets draw thongs of new investors who have never heard of a compnay.

i supported my contention that the softbank article was not widely circulated. many investors have never heard of idtc, discover the stock as the news does become more widely disseminated and new investors buy.

you do not believe all the volume on friday was old investors that already owned the stock, do you? that is naive.

idtc is also being touted on different boards by the new investors who have begun to spread the word. still early to get in.
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