IDT *(idtc) following this new issue?* Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Condor who wrote (7980)	5/19/1999 4:37:00 PM
From: Hawaii60	Read Replies (1) of 30916

Look what finally came out at 4:16 Guess Dow Jones finally picked it up. (COMTEX) B: Executive Business Briefing B: Executive Business Briefing Here's a look at the hour's top business stories: Tyco International will buy Raychem Corporation for $2.87 billion... $37 a share. The deal will involve about $1.4 billion in cash and over 16 million new shares of Tyco. Raychem is an international designer, manufacturer, and distributor of high-performance electronics products. 30-year T-bills were especially popular after yesterday's hint from the Federal Reserve that it might hike interest rates within a few months. Analysts expect a quarter-point increase by fall. A sell-off of 2-year and 5-year bonds is expected. IDT Corporation has filed an initial public offering for its Net2Phone unit. Net2Phone uses the Internet to make phone calls. The IPO says the principal stockholders in the $50 million offering are America Online, GE Capital, and Softbank. IDT would retain 66.2 percent of Net2Phone. * end of story *

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next