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 (7971)	5/19/1999 3:32:00 PM
From: Steve Fancy	Read Replies (1) of 30916

Hawaii, again, you did an excellent job figuring out the pieces. Problem is that when a story has been around so long, and talked about so much, they invariably sell on the news. In this case there were a couple of names yet to be released. I had hoped anyone big may have provided another run as this stock seems to have on any potentially significant news. Unfortunately, as soon as those patterns appear obvious, they quite often go away. Looks like no institutional interest today. Either they're waiting more details, or as several analysts speculated earlier, the stock is fully valued at $30. Maybe as the story gets more publicity and more details become available she'll take that run to 40. I'm going to hold a couple more days, but with June options don't know that I'm sitting through earnings warnings and risk impact of IDTC earnings. But what the heck, you've made a killing on the run from 12 right? Good luck, sf

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