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


To: gerard mangiardi who wrote (11497)7/15/1999 5:02:00 PM
From: Hawaii60  Read Replies (5) | Respond to of 30916
 
To say something stinks is hardly fair. You'll see the run up when the date is announced. (firm) for IPO. No doubt HG has put a doubt in folks minds and the company has fallen down in the net2phone pr department miserably. In my experience this problem has always been traceable back to a certain individual at IDT, who now works for net2phone, who insists on approving all releases and then doesn't do his job for days. Even weeks. I have not confirmed this but because this individual is on the road show I would BET,, that is the case.

Anyway, I think the run is trying to start. The stock has just been under and over its 50 day MA so many times recently that we can't get a sustained move even from that. Ultimately, it really doesn't matter thoug because at least with no run up prior. We should experience one closer in.

The other problem is that nobody really knows the date og the IPO. That will hopefully be resolved tomorrow because UI think it will price on Tuesday and trade Wed.



To: gerard mangiardi who wrote (11497)7/15/1999 5:08:00 PM
From: KM  Read Replies (1) | Respond to of 30916
 
You ain't kidding. The last trade today was a 25k sell.

This thing is a real battleground.



To: gerard mangiardi who wrote (11497)7/15/1999 5:40:00 PM
From: blankmind  Respond to of 30916
 
unfortunately, investors will not give idtc the benefit that ntop will not be a flop, because of the missed earnings.

fram helps to legitimize the stock going forward and paying for the contacts he brings. i wish idtc would hire such a person. yes, it is costly, but why not take the best even it costs a little more?

clearly what stinks is this focus by hg and the shorts. even today when someone dumped 25k shares, someone else picked it up in whole, instead of having to sell it in tiny little pieces. both times idtc began a run, we have seen the hg article. clearly today did not have the desired effect.