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Technology Stocks : IDT *(idtc) following this new issue?*
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To: David Wise who wrote (8184)5/21/1999 1:04:00 PM
From: vinh pham  Read Replies (2) of 30916
 
for a start, both CIBC and FBR analysts upgraded their price targets for IDTC to $36 and $38, respectively. in my opinion these targets are conservative because analysts loath to be wrong on the downside. FBR further stated their estimate for NTOP's revenue in 1999 to be at $40M and 2000 at $70M, a 175% growth which will undoubtedly enhance IDTC's value because IDT owns 66.2% stake and IDT's revenues as generated by its core business should be increasing through more customers in the traditional international pre-paid calling cards and perhaps the ISP if they can turn it around. now i ask you, what is the forecast for ZDNet and ZD?
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