Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (9591)	6/20/1999 7:35:00 PM
From: SteveJerseyShore	Read Replies (1) \| Respond to of 18998

<<Should have started my short position in the 30's. Oh well. btw, the IDTC longs are as rabid as the NAVR longs.>> That's what I like. Nice flip answers that mean nothing. Go ahead, short it tomorrow, make my day. Call me for some rabies antidote after you get bit. SjS

To: xcr600 who wrote (9591)	6/20/1999 7:46:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 18998

x, There is of course a chance that IDTC will go visit the low teens again. But frankly, I do not think it is a good short at all (as a matter of fact I am long). IDTC, is not even priced as a normal long distance telecom. company, there is nothing in its price for either the phone card or internet telephony to be "deflated out". It is priced at less than .7 PSR on this period of 12 months (last quarter sales were already close to $200 MM and almost twice the corresponding quarter last year), relative to AT&T's PSR of 3, but good old T surely cannot grow at even 50%/year, which IDTC has done for some time. IDTC is priced at twice book, while T is priced at 3 times book. Despite the relative youth of IDTC, their LT debt to equity ratio is a respectable .48, while T is only marginally better at .32. But IDTC is growing in leaps and bound, while T is slumbering to find new markets in which to grow. I think that IDTC is priced quite fairly in the $18 to $25 range, it will be a bargain at $10 (I bought there few months back before the big run to the high 20'), and could develop some very nifty premiums if the I-net mania resumes. Personally, I do not think the I-net mania will resume soon, but I am willing to pay a fair price for a company that has first grade service (I have been their customer for more than 3 years now), rapidly growing top line, and yes, despite growth pains that show in some irregular earnings stream. Zeev

To: xcr600 who wrote (9591)	6/20/1999 8:47:00 PM
From: Tom Hua	Respond to of 18998

x, I'm long IDTC at average 20. I did not have to search very hard for news, facts, information, and new development about this company beyond scanning the IDTC thread. The quality of selective posts, beginning with Hawaii60's, are top notch. At the other end of the spectrum I'm anxiously awaiting Mr. Pink's findings. It'll be fun, no doubt about that. BTW, IDTC and CUST have about the same market cap. It would take me half a fermisecond to decide which one to short. Regards, Tom

To: xcr600 who wrote (9591)	6/20/1999 11:30:00 PM
From: Mr. Pink	Respond to of 18998

Your raise a good point. The best shorts have a rabid following of longs! God bless their ignorant souls...Go back and read the FP posts from last August/September on Yahoo. Rabid longs have since contracted rabies and died. mp

To: xcr600 who wrote (9591)	6/21/1999
From: ynot	Read Replies (1) \| Respond to of 18998

x, i'm still waiting for any response to my questions on IPO ynot:)

To: xcr600 who wrote (9591)	6/21/1999 8:22:00 AM
From: RockyBalboa	Respond to of 18998

x, in hindsight 20/20. Note that over the same period, percentage wise NAVR lost way more than IDTC. NAVR - 47% between Apr 13 ($18) and now ($9 5/8) IDTC - 28% between Apr 13 ($30) ad now ($23)