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

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To: Burton Waxman who wrote (8934)6/5/1999 1:25:00 AM
From: Andrew H  Read Replies (1) of 30916
 
>>I do not understand the lack of reaction to the patent/monopoly/royalty of this announcement. Anyone have any estimate as to the financial impilications.<<

Unfortunately, the company gave us no clue as to its possible effect on the bottom line.

>> Of course I would like to know the price that Softbank, GE, etc is going to pay for their shares of the IPO. Maybe someone does, and that's the reason for the lack of price appreciation in IDTC.<<

Everyone knows--it is in the S1--they are all paying $3/share.
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