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


To: Zeev Hed who wrote (9554)6/20/1999 10:36:00 PM
From: Andrew H  Respond to of 30916
 
I will read it Zeev. I have posted at length on the Yahoo board why I think IDTC is a poor short at this time, especially after a 50% retracement from its recent highs and obvious institutional buying the last couple of days.

Furthermore, the two stocks Pink mentioned in conjunction with IDTC, DLIA and DBCC both had huge gains the month before their IPO, the first a gain of 2X and the second a gain of 4X. If one were going to short, it would be much wiser to wait until the IPO begins to trade.

So far I haven't seen Pink make any intelligent comments about reasons for shorting. Perhaps tomorrow he will have something to say besides talking about himself with capital "H"s, as if he were God. LOL.