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

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To: Stitch who wrote (8413)5/25/1999 8:18:00 PM
From: Augustus Gloop  Read Replies (1) of 30916
 
Stitch....what I am discounting is the "perceived value" of this news. While we are waiting to hear about earnings, aol, GE, Softbank and dates for the IPO I for one believe this type of news will fall on deaf ears. Based on the Price action...I'm right. This is news that, if I were a CEO, I would release after the above issues were all in black & white and the market was better. Honestly, for now, I'd let the stock sink to 10 if that's where the market wants it and then blow the doors off the place with a stockpile of news and info.
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