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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Bill Zeman who wrote (4806)4/13/1999 2:42:00 AM
From: blankmind  Read Replies (1) of 30916
 
i certainly would never call you naive, nor can we prove/disprove it was softbank story which provided momentum that kept idtc over 28. the market turned decisively around early on, as did idtc. as futures did not improve after europe opened, and as we know idtc moves down easily on most days (light volume) to take out stop losts. after having seen idtc move to 28 on such small volume, i thought we would have corrected had the markets not turned around. we have new people who recently purchased idtc, and i am sure the stomachs were turning and insticts were suggesting to either sell with a small loss, or prevent massive bleeding until things turned so quickly.
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