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

To: Hawaii60 who wrote (9118)	6/9/1999 9:14:00 PM
From: Yamakita	Read Replies (1) \| Respond to of 30916

Well, if that's the case--and I don't doubt that it is--IDT should have let the Street know it, and guided them downward. Not rocket science--that's the way it's done. For Howard to thumb his nose at the Street that way is short-sighted, and will come back to haunt us. Look at ALL of the most successful tech companies--dell, aol, intc, msft, csco, the list goes on and on--and they all do the same thing regarding earnings: underpromise and overdeliver. EVERY TIME. IDTC has got to get religion in this regard. I think blankmind is right--this responsibility rests with the CFO. Get someone in there who understands this VERY basic principle.

To: Hawaii60 who wrote (9118)	6/9/1999 9:53:00 PM
From: Augustus Gloop	Read Replies (2) \| Respond to of 30916

Don't you think it would have been prudent for IDT to guide analysts lower when it looked as if they would come up short as a result of n2p expenses. From my standpoint, as you stated, it was money well spent that should provide a big payday once the IPO occurs. I think, if spun correctly, they could have made this a real selling point. The problem is HJ can't talk his way out of a paper bag.

To: Hawaii60 who wrote (9118)	6/9/1999 10:11:00 PM
From: blankmind	Respond to of 30916

i do not think any one of us will argue the fact the expansion of the business is prudent and necessary. did you think idtc would miss the .08 based on mgmt action or stock price leading up to earnings? although i know at least one person speculated (i can not remember who) on the thread, that the ntop costs would cause idtc to miss the .08. the problem arises that idtc did not lower investor expectations. when using money to expand from profits, investors will remain quite loyal, i know i have and many others. but idtc mgmt still needs to explain, in a nice press release, that they have decided to agressively pursue being a major isp, and will use some of the profits to pursue this venue. clearly the money is being well spent as can be attested by the ntop ipo, and the increase in internet business for example (from 50k to 75k internet subscribers). plus, they finished the u.s. ds3 ring, something they should also tout. this is a first class isp. it means for investors, long term investors, we have another 2q's of rebuilding investor confidence.