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

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To: Condor who wrote (8412)5/25/1999 8:56:00 PM
From: md1derful  Read Replies (3) of 30916
 
condor: Can I take a crack at your question..having been a former mutual fund maniac...you know they all say they like to invest in companies with 20% earnings growth..correct me if I'm wrong, but isn't this the year idt is supposed to crank out such earnings growth..they may all be waiting for the company to break the whisper number..if that happens, all the mutual fund screens light up..Garret Van Wagoner goes ape shit pushes the button and presto..5 million shares are purchased at 25..I really think it is no more sophisticated than showing them the money..fancy shmancy press releases are obviously not going to cut it...BFD if mother gets a free call on mothers day....herd mentality rules and they will all jump on board quick if we just show them the money..if I'm right, we are all millionaires the day after earnings are reported.
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