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


To: SteveJerseyShore who wrote (9489)6/19/1999 3:59:00 PM
From: Hawaii60  Read Replies (1) | Respond to of 30916
 
Steve, I have been dealing with some sophisticated shorts on this stock off and on for two years. Every time they sense a breakout of somekind. Thery come up with a new story. I have heard it all. I have heard complete lies about their accounting. Racist and slanderous remars spread about Carlos Gomez and others in their prepaid division. I have heard that they book porepaid revenues at the retail number etc. NONE of this has ever turned out to be true. There is no "Isreali" connection and their is no "Gomez" connection. The books are in great shape. The company is growing at over 100% per year and is about to really move. THAT'S what has the larger shorts scared. Threy will enlist the support of anyone and they feed on fear. As far as I'm concerned, I know what they are capable of and why they do it. I also know that ultimately. They will cover and their will be an explosive move upward. It must be scaring the crap out of them that the institutions are moving back in.

Believe me, the company just went through a thorough look under the hood by three underwriters and three new investors. Nobody is better at dd than the Japeneeze either.

I assure you. Whatever they come out with will be baloney. They only way it will even matter is if people like you give it credence in forums like this.

I might also mention that the company is not going to stand for any more of this foolishness either. They have had it.