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


To: Gary Korn who wrote (9299)6/16/1999 11:09:00 AM
From: blankmind  Respond to of 30916
 
it pains me to think people would sell at this price. if anything take the stock and write the covered calls.

and as for "tanking", many us believe it already has:-)

right now someone could have their own pops and ds3 backbone for less than the price of the company. and we are not even talking about the phone business.

we just need a harmonic convergence type group meeting where we all chant "the price will rise", "the price will rise" so the price will rise:-) don't laugh, the harmonic convergence saved the world.



To: Gary Korn who wrote (9299)6/17/1999 9:17:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30916
 
Gary, as usual I may be quite wrong and whipsawed, but I think that we still have some major uncertainties, and the I-net sector has broken technically quite badly, money is flowing with vengeance to the providers of "picks and shovels" to the I-net markets rather that to the I-net themselves. I realize that IDTC is more a telecommunication company than an I-net, but the recent run might have been partly induced by some of its I-net properties. Thus the decline from these heights, I believe were just "throw the baby with the bath water" kind of effect in sympathy with the I-net blood bath. I thin that could easily resume.

I try not let my losses grow too much, even if that requires from time to time to jump back in when an uptrend is established and at higher prices.

Zeev