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

To: Bill Fortune III who wrote (11337)7/14/1999 2:54:00 PM
From: md1derful  Respond to of 30916
 
Thread: I still think the stock is weak because of missed earnings...until the company starts guiding analysts more carefully with progressively better earnings we will remain in limbo..Istill think that this explains the relative stability in price despite all the great news swirling around until earnings actually start improving on paper, the big boys, needed to drive out the shorts, will not get involved...when things don't make sense to me (either) it's usually earnings related...we'll see



To: Bill Fortune III who wrote (11337)7/14/1999 2:55:00 PM
From: Tom Hua  Read Replies (3) | Respond to of 30916
 
Bill, I'm guessing that when NTOP debuts (possibly next week) IDTC will trade approximately by the following formula:

IDTC = 0.5*NTOP + 15

I think NTOP will be priced at $18, and close the first day at $40. IDTC will be in the low 30s.

Your thoughts?

Regards,

Tom


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