IDTC got caught in a down market.. Expectations for short term gains might be thrwarted for a while, but if you are in it for the longer term, I think the stock is a bargain. I also think it will even rise more up in the short term as well. I held SKYT for two intermediate holds, one was nearly a double and the next was down about 30%.It its now up about 15% above that loss. You hold and you wait, usually its worth the wait. I don't have patience to hold a lot, but IDTC is one I would hold.
I held MACR through a harrowing 7 point loss and that has given back 3 times that loss in later on in both holds, and trades.
IDT Launches Co-Location Internet Facility
HACKENSACK, N.J., Jun 4, 1999 (BUSINESS WIRE via COMTEX) -- Ability to co-locate voice and data servers at state-of-the-art site IDT Corporation (NASDAQ: IDTC) today launched its first co-location facility at its state-of-the-art headquarters in Hackensack, NJ.
By offering co-location, IDT enables companies to outsource management and day-to-day operations of their web sites. With 24/7 monitoring and hourly reports available directly from the web to monitor traffic analysis, IDT's co-location facility provides companies with turn-key solutions to expanding their reach without investing in infrastructure and network costs.
Co-location offers the flexibility to place equipment in IDT's secure and top-rated Tier-1 backbone node facility. Companies can choose rack space and network connectivity depending on their unique business needs.
Aside from traditional co-location features, IDT also allows enterprises to co-locate voice servers alongside data servers, enabling companies to host their full communications services at IDT's site. IDT currently co-locates Net2Phone's Internet telephony gateways at their facility, and can support both voice and fax over IP services.
IDT's co-location facility features: -- Multiple OC-3s on site -- UNIX and NT -- Shared hosting, dedicated hosting -- 24/7 Network Operation Center and customer support with real-time |