IDT *(idtc) following this new issue?* Message Board

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

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To: Hawaii60 who wrote (6283)	4/24/1999 10:58:00 PM
From: vinh pham	Read Replies (1) of 30916

hawaii, i found that TrueNorth Comm (TNO) case may help us to believe that IDTC might not drop drastically after N2P debut. prior to the actual filing for MMPT's IPO, TNO experienced a slight run-up (from Yahoo chart i guess it was a little less than 10 points) and gave back after the IPO (due to profit taking? market's unfavorable conditions?) on Feb. 5. However, 3 weeks later TNO climbed back up to its pre-MMPT-IPO price because it was fairly valued back then. a parallel line can be drawn between TNO and IDTC if only we know what a fair value for IDTC is. i believe when upgrades are released IDTC will be fairly determined as pre-N2P-IPO, thus would be sustained after IPO. in other words, the upgrades are of utmost importance. p.s. i do not have intimate details of TNO and MMPT prior and after IPO. the above observation was based on yahoo chart and business news releases. if i am incorrect, please advise.

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