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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Secret_Agent_Man who wrote (7555)5/11/1999 5:02:00 PM
From: blankmind  Read Replies (1) of 30916
 
"The IPO at this point is pretty much irreversible," said Ray
Cuello, a bond trader and securities principal at the
Investment Center. "They've drawn down on a facility who's
sole purpose was to fund a financing such as an IPO. That
was the primary purpose of the tender offer. The process
today became irreversible"

thanks for the article. i know we have had debates on whether there will be an ipo, this supports those who think yes.
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