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 (7504)	5/11/1999 11:44:00 AM
From: blankmind	Read Replies (2) of 30916

hawaii, were you were surprised about how much idtc put into one announcement? i wanted 1 prior to earnings, and maybe 2. but 3, 4 and 5 caught me by surprise. even if they release nothing prior to earnings, they have kept the ball rolling on this announcement. don't get me wrong we all want to know who is behind 4 and 5. i just found the consent more important right now, because of the doubts it left. 1. IDT Consummates Tender Offer 2. Secures $150 Million in Financing 3. Positions Company to Pursue Financing for Net2Phone 4. Net2Phone has executed a term sheet with more than one significant strategic investor relating to an investment in Net2Phone's equity securities 5. Net2Phone is negotiating with other significant investors

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