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Technology Stocks : IDT *(idtc) following this new issue?*
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To: Ronald Ashkenazy who wrote (8860)6/4/1999 4:09:00 AM
From: John Romeo  Read Replies (1) of 30916
 
Ron,
Very good point.The next question is why. Obviously institutions are not buying.I think Wall Streets problem is with quality of management and capability to use those astronomical capitalizations for expansion.Just ask Bernard Ebbers at MCIWORLDCOM, I think that is a great example.Starting MFS with 13 other investors,selling telephones to hotels,using market cap to buy WORLDCOM, UUNET, then MCI and now Skytel, and each aquisition was accretive to earnings.Those are the type of companies to own.
Does IDT have that in HJ say 5 years out?
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