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

To: Hawaii60 who wrote (11503)	7/15/1999 5:15:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 30916

>>You'll see the run up when the date is announced. (firm) for IPO. 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. You mean we will see a 2 day run up? Normally a pre-IPO run up lasts for 3-4 weeks. And then what about the post IPO sell off that everyone is expecting? Regarding this individual at NTOP who does not do his job? Why is this tolerated?

To: Hawaii60 who wrote (11503)	7/15/1999 5:18:00 PM
From: Jules B. Garfunkel	Read Replies (1) \| Respond to of 30916

Bear Sterns salesman tells me today that NTOP will price Monday night and trade Tuesday morning. Jules

To: Hawaii60 who wrote (11503)	7/15/1999 5:46:00 PM
From: blankmind	Respond to of 30916

No doubt HG has put a doubt in folks minds and the company has fallen down in the net2phone pr department miserably. undoubtedly. i can not believe they did not release an official cpq statement and one on the new prez. i think today many expected some follow up on both or at least one of the events, and neither occurred, very disappointing.

To: Hawaii60 who wrote (11503)	7/15/1999 5:50:00 PM
From: Srinivasan Balasubramanian	Read Replies (1) \| Respond to of 30916

The other problem is that nobody really knows the date og the IPO. According to IPO Renaissance Capital, NTOP is scheduled for 7/20 (Tuesday). So with two trading days, if the stock does not emerge from this stupor, the IPO may even fizzle out. Since IDTC will own 66% of NTOP, the absence of a run up in IDTC may be interpreted as lack of enthusiasm for NTOP. It is a pity though. As a company by itself, IDTC may be easily worth what it is now.