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

To: Hawaii60 who wrote (10712)	7/7/1999 4:49:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 30916

I find today's selling hard to fathom in the light of the information provided by the article which was next to nothing. However, the article was ingeniously written and seems to have had the effect that it was calculated to have. Some suggest it was written to support a short position. Others suggest it was written in order to get a lower buy in price.

To: Hawaii60 who wrote (10712)	7/7/1999 7:52:00 PM
From: Snow Shoe	Respond to of 30916

An excellent example of what the Street is up to: ISIP was put through the wringer by the street earlier this year when they reported that the company was about to enter a desperate financing deal known as a death spiral. Stock was knocked back right before news on ELAN partnership and DARPA award, making an excellent trade. The actual truth was: The company that is famous for death spiral financing (Promethium I believe) called ISIP to offer financing. The company said "uhh no thanks you losers, Bug Off and don't call again". So, the street somehow finds out about this (maybe they requested promethium call) Their agenda: With confirmation, they could say "ISIP had talks concerning financing with the company famous for death spirals". Message boards go wild and stock drops creating a short term trade. For those interested in verifying, someone posted the story on the ISIP board, here is the link: messages.yahoo.com Don't worry guys this is a story full of half truths designed to knock the stock down before the big news/IPO and result in: AN EXCELLENT TRADE. They won't follow it up and they will not issue a retraction as all the statements are true. There is nothing illegal about taking truth out of context. If you didn't sell on the news, buy when she bottoms as that is what CRAMER will be doing. The street is a traders publication. When I saw the article today, the stock was up 1/4 it later ticked up to 7/16. Everyone here was asking what it was, etc.. Had you sold and gone short you would have posted a tiddy profit today, cover tomorrow and ride up for IPO. I stayed long. Oh well.