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 (8221)	5/23/1999 1:33:00 PM
From: Tony Lagana	Read Replies (1) of 30916

What are the possibilities that IDT issues warrents for NTOP to existing shareholders. Say, for every 5 shares of IDTC you will be given a warrent, which will allow you to purchase 1 share of NTOP at $?? (whatever the offering price is) with the warrent expiring in say 2002. This would provide NTOP additional funding in the future as IDT shareholders exercise their warrents and NTOP issues new shares to fill these. I think this would satisfy everyone. The only thing I am not sure of is if a Parent company can offer warrents of a spin off company?

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