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

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To: Condor who wrote (8095)5/20/1999 4:32:00 PM
From: Hawaii60  Read Replies (2) of 30916
 
Sgt_Ernie_Bilko
by: hawaii60 70217 of 70217Your post caught my eye. I haven;t even read what you responded to but I think I know what it is without even looking and, I agree with you completely. This is a war and needs to be fought that way. In war you always try to demoralize the other side. You might drop leaflets. Encourage desertions etc. The masses generally fall for this stuff sooner or later and the enemy always strikes when you are at your weakest and most fearful. The reason the few shorts post on this board are clearly in an attempt to demoralize longs. I r4espond to them often because I know the masses will eventually capitulate. You are absolutely right about the May 30's. There has never been 4000 open contracts on any position in this stock. Of course the mm's and even many of our revered longs. Are on the board trying to talk it down. Many longs sell covered calls every month. They will all turn positive again on Monday. It's like a war game.

People, IGNORE this stuff. Focus on what this company is and where they are going. Ask yourself why. Why did the largest and most powerful corporation in the world, invest in us? Why did the largest ISP in the world invest in us? Why did the smartest internet incubator company in the world, invest in us. Why, did HJ our largest stockholder, decide that he would rather have 66% of the new company instead of shares in net2phone. Gwet real and get with it here. This company is destined to be a powerhouse and those that bought in today at 26 were just pure lucky.

I am seriously considering spending less time on this board again. Possibly just posting in the mornings and evenings and more on SI. I am an obsessive person, but I have renewed confidance in this company. I KNOW this stock will be 60-80 pre ipo and go up from there. I KNOw we will be part of AOL's instant message service and involved in everything internet related that GE owns.

Market makers and shorts don't scare me and they shouldn't scare you. Don't you people realise that all they have to do in the morning before they decide which way they want to take the stock is take the temperature of this board? We are giving them a FREE ride.

The good news is it doesn't even matter. With the news that will be coming out shortly volume will ultimately overwhelm them and they will have to make money the old fashioned way.

So, Sargeant, and other loyal stalwart longs. I applaude you. The rest of you, buck up. Stop making your fear so apparent and for criminy sakes. Don't margin yourselves 100% and if you buy options buy two months at the same time. That way if you lose on one you make it up on the other. I'm not happy with whats happening with the May options. But it is my risk. My call. I made sure I would not lose money by buying both. I still think I will break even. But, if I don't, I don't need to do anything but make less money.

Best regards to all.

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Posted: 05/20/99,  4:27PM EDT as a reply to: Msg 70165 by Sgt_Ernie_Bilko from yahoo
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