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

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To: blankmind who wrote (7502)5/11/1999 10:26:00 AM
From: xbrent  Read Replies (2) of 30916
 
My opinion is that IDTC has gained a number of traders who sell/short the spikes and buy/cover on the pull backs. If one did that over the past month you would have made a fortune at least in theory. So until
IDT comes out with something which is major and/or a surprise it will be tough to hold the gains. The good news is that it quickly recovers from sell offs and people cover/buy. I find it irritating as an investor but thats how the game is played. You can also trade IDTC off the daily rise and fall of the NASDAQ.
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