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: vinh pham who wrote (6979)	4/30/1999 1:05:00 PM
From: Hawaii60	Read Replies (1) of 30916

BTW, In my opinion re: IPO shares(READ) by: hawaii60 56762 of 56762(which usually isn't too far off on these things) The way that the company will get around the 20% accounting requirement and the way the company will be able to have enough shares to satify everyone and still control the deal is that they will issues (super voting shares). Those will be the shares that the partners and the IDTC will have control over. Most likely they will get 3 votes for each share and therefore with 20% ownership, IDTC will control Net2phone but have plenty of regular shares to go around.

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