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

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To: Smiley who wrote (7887)5/19/1999 10:49:00 AM
From: peter michaelson  Read Replies (3) of 30916
 
Joe, All:

This is the point that I continue to worry about. Pretty fundamental point, too. Where is the upside for IDTC if normal long distance calls are down to 5 cents per minute?

The long distance carriers are diversifying to local service, broadband, etc. Maybe because there's diminishing profit in long distance.

Maybe this is why we can't stay above $30.

Peter
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