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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Bill Zeman who wrote (4907)4/13/1999 8:37:00 PM
From: Andrew H  Read Replies (1) of 30916
 
Bill, my advice FWIW, is that you don't want to get too greedy with Internet stocks, given the insane valuations they are getting. IMO, IDTC is still fairly reasonably valued here. Look at the net banking stocks or the online brokerages for example. We may see 26 again, who knows. It could possibly go lower, but we know there is a lot of very good news on the horizon. Any one of several expected news items could send this back over 30 to 35 or more in the blink of an eye. We have finalization with Softbank, another significant CI, bondholder consent and filing of IPO coming, not to mention a couple of other interesed corporate investors.

So better keep those eyes open.
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