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


To: Hawaii60 who wrote (9624)6/21/1999 1:41:00 PM
From: md1derful  Respond to of 30916
 
Its a terrible short position, he is touting...should be covering,if anything....this makes NO sense!!!!



To: Hawaii60 who wrote (9624)6/21/1999 3:29:00 PM
From: Arrow Hd.  Respond to of 30916
 
I think you are right on target. I have seen these very scenarios played out many times on both sides of a trade. I would not carry a short position in IDTC at this point in the evolution of these catalysts. I think once the road shows start there will be more alliances announced to generate interest. The shorts made a good move in the low 30s but that story is over now. They wont be able to play again until sometime in August IMHO. We'll see how the day closes and who prevails.