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

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To: blankmind who wrote (7608)5/13/1999 1:03:00 AM
From: SpecialK  Read Replies (2) of 30916
 
ATTENTION: IDTC has run from 10 to 35 pretty fast. When the IPO comes out, what should it be at? 40, 50, 60, or 35. I think everyone got too RAH RAH yesterday with the news. Expecting it to open at 35 after it already ran up yesterday on the news. Also, IPOs don't just happen. There is a process. Look at NAVR or DLIA or others for an idea of the time it takes for the IPO to happen. Even BKS is a good example. File a s-1, amend it, etc. How much is already priced in at this point as well? Good luck, but don't get too hyped.

Ketan
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