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

To: Hawaii60 who wrote (9287)	6/15/1999 11:29:00 PM
From: HiwayTrader	Read Replies (1) \| Respond to of 30916

sell shareholders of record an additional 5% at whatever it is priced at to the public and make another 5% available to these same shareholders if they are still of record on IDT at a date 3 months later.

To: Hawaii60 who wrote (9287)	6/16/1999 12:37:00 AM
From: blankmind	Read Replies (1) \| Respond to of 30916

shareholders of idtc should not have to pay for any shares of ntop. they already own ntop by owning idtc. paying for ntop would be strange, and should alienate current idtc holders. if idtc wants to offer ntop shares, it should be announced in the future, after the ipo and the price of ntop has stabilized (3 to 6 months). this would allow for idtc shareholders to be rewarded, without attracting speculators to push the price of idtc higher, only to have it sell-off big later.

To: Hawaii60 who wrote (9287)	6/16/1999 8:21:00 AM
From: vinh pham	Read Replies (1) \| Respond to of 30916

i must remind all that the stock went up due to the speculation of getting NTOP shares for free and the stock dropped post S1 filing due to disappointment of interpreting that no NTOP shares to be distributed. now, this subject is brought into the light again. another speculation round worthwhile of participation? i believe it is worth the discussion, but i would like to emphasize that it is pure speculation and should be regarded as such. however, i wish that this speculation had NOT been revived at all. IDT has good fundamentals and future prospects and IDT will own a majority of NTOP. a lot of investors seem to have forgotten or not realizing its current undervaluation, rather they only want NTOP shares--a desire which magnifies the stock's volatility. having said this, i would think it prudent for the stock price's stabilization if IDT offered NTOP shares (all 10%) to shareholders of record date being the day after IDT made the announcement of the offer prior to the final S1 filing. furthermore, there should be a lock out period of 3 months (1 quarter) on the selling of both IDT and NTOP shares. by then i would hope that the businesses at IDT and NTOP would have proven to the investors that holding a core position beyond the 3 month lock-out would be a win-win situation. all above is just my opinion.

To: Hawaii60 who wrote (9287)	6/17/1999 2:38:00 AM
From: John Romeo	Respond to of 30916

Hawaii, Interesting question, tough answer, one made with use of Board,Acctg,CFO,senior management etc. I look at IDT retaining 2/3 as a strong positive.Won't the same shares IDT retains be reported on balance sheet,increasing book value and dropping price to book ratio down. I feel as a common stockholder of IDT, I own the same shares of common IDT issued from treasury, shares outstanding.So I look at it from the angle as long as IDT has 2/3 interest, so do my common shares.One caveat, I have not read S-1 in detail. Certain special classes of stock can and probably will be issued such as Convertible preferred, a great vehicle used by the institutional investors to be senior to common and providing special rights,such as voting, board seats etc. Not to get off your topic. What to do with remaing value. Hold it as an investment and sell at an astronomical price when the time is right and hoping somewhere along the trail we get thrown a few trinkets from the treasury. Thats how I see it.As an investment that we shareholders own a true 2/3 interest ultimatly at mercy of HJ and company for the future. Tell me what you think.