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


To: musicguy who wrote (11318)7/14/1999 12:51:00 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 30916
 
Lets assume for a minute that the shorts have kept this stock low. IF we get the news to flow and NTOP takes off the one would think that IDT could go from under to over valued on a short squeeze. The key words here are IF and ASSUME. I'm not being a skeptic I'm just trying not to get all fired up like in the past.



To: musicguy who wrote (11318)7/14/1999 12:57:00 PM
From: Andrew H  Respond to of 30916
 
>>Basically I guess the question I have for the thread is "What the hell is going on?" <<

A lot of us have been asking that question for quite a while now. IMO, no one has come up with a good answer.

IDTC seems very undervalued in light of all its prospects and the upcoming IPO, but it seems to have a lot of trouble moving higher.



To: musicguy who wrote (11318)7/14/1999 1:03:00 PM
From: blankmind  Read Replies (2) | Respond to of 30916
 
volume suggests we have not seen great institutional buying of late, since the hg article, although it had picked up considerably prior to the article.

i hate to say this, but i think we shall be waiting until the ipo and its value to be determined before we see the hope for valuation be reflected in idtc. it could happen sooner, but with a week to go, i can wait.