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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: md1derful who wrote (8971)6/6/1999 10:04:00 PM
From: Hawaii60  Read Replies (1) | Respond to of 30916
 
From a major newletter who's name starts with B

IDTC - Fiscal year ends next month. Valued at a 30 P/E for the year from
July 1999-2000 and a 20 P/E for forward earnings. 5 year growth rate
varies
from 30-40%. Major acquisition candidate by a large telephone carrier
trying
to enter or expand in the Internet arena. Possible spin-off will greatly
increase
shareholder value and company exposure Latest quarterly report showed a
19% increase in quarter-to-quarter revenues. European expansion is ahead
of schedule and receiving a more favorable than expected response. These
are only some of the reasons to buy IDTC right now. In addition, the "road
show" for the IPO of Net2phone should start later this month. As the street
begins to see the value of NTOP (the ticker for Net2phone), we expect IDTC
stock to rebound toward the highs set earlier this year. There have been
several upgrades recently, in addition to higher price targets for the end
of
1999. We think the significant portion of the gains prior to the end of the
year will come in the next two to three months. This could easily translate
to over 100%.



To: md1derful who wrote (8971)6/6/1999 10:08:00 PM
From: blankmind  Respond to of 30916
 
but you must agree that on purely technical terms, breakdown of this recent bullish triangle was worrisome, and we now know why (earnings shortfall) Do you at least acknowledge that???

no. earnings shortfall clearly caught everyone by surprise. check the volume and price leading up to earnings. i posted this to you earlier. we have now reached a circular discussion. good luck.