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

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To: Craig A who wrote (7359)5/6/1999 5:57:00 PM
From: blankmind  Read Replies (1) of 30916
 
just to give you some hope. examining how the naz has performed since
closing at its high on 4/26 of 2652, the nasdaq is down
9.3%, idtc is down slightly less at 8.97%. clearly idtc has
suffered a normal correction because of the naz. clearly idtc has not
acted like an internet stock, or else we would be down well more
than 9% in this time frame based on the avg internet decline, but to
spare people shock, we shall not discuss the internuts. suffice it to
say this 10% correction, could mark the end of the retracement, and
start of another run. clearly idtc has suffered as the avg stock has
so there really is not much to worry about, excluding the market
continuing to decline.

DATE nasdaq idtc
5/6/99 2472.28 26.313
5/5/99 2534.45 27.625
5/4/99 2485.12 26.813
5/3/99 2535.58 28.188
4/30/99 2542.86 28.5
4/29/99 2528.44 28.938
4/28/99 2550.37 30.375
4/27/99 2602.41 28.25
4/26/99 2652.05 29.313

good luck and worry if the naz corrects and idtc fails to follow.
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