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Technology Stocks : IDT *(idtc) following this new issue?*
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To: David Wise who wrote (6729)4/28/1999 12:53:00 AM
From: Augustus Gloop  Read Replies (1) of 30916
 
I can see your logic...now lets see if mine makes any sense.

IPO Net2phone....IDTC retain 51% of the stock. Shareholders get no shares (bummer I know) but they do get the benefit of IDTC being a holder of a stock that at least initially (If the internet market is solid) should run fairly wild. In a sense it's like CMGI. They just become a birthing center for sector related IPO's.

Make any sense?
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