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

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To: Hawaii60 who wrote (8402)5/25/1999 7:57:00 PM
From: Condor  Read Replies (2) of 30916
 
Hawaii, one of the things that bugs me the most is: Why don't we see institutional buying? I can appreciate that the big "anal retentive" mutuals and co.'s await upgrades by analysts ( which begs another question ) but there are many, many other substantial entreprenurial entities out there that arn't moving on this. After all, the market cap on this isn't particularily daunting in the grand scheme of things, but virtually no large block trades in recent weeks. It just doesn't compute. I firmly believe, if this question can be answered, we will have the complete story/potential of IDT or lack thereof. I would really appreciate your response to this and if necessary I'd quite happy to wait while you put it to your formidable contacts. I have no doubt that you are the only one on this thread that can even attempt to credibly address this question. Regards.......C
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