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

To: Andrew H who wrote (12648)	8/4/1999 11:30:00 AM
From: Hawaii60	Read Replies (4) \| Respond to of 30916

For the stalwart longs. I am hearing that some sort of big (supposedly really big) deal is almost concluded on the telecom side of the business. I don't know what it is but I have heard that it is a HUGE deal that will have a HUGE favorable impact on the telco side of the business. I am estimating it could be announced within the next 10 days. Normally I wouldn't post this. But, I have now heard it from enough differant and varied sources that I totally believe it is true and is starting to get out anyway. I also notice that Morgan and Merril are doing a lot of buying at these prices. So, what I am saying is that. If you have held in this long. Relief appears near. If we are very lucky. The stock will rebound significantly before this merger, allaince or whatever is revealed and we may achieve the valuation we all have been hoping for. Anybody who has followed this stock for any length of time might also recall that IDT has a strange habit of dropping sharply in value before every major run. My feeling is that selling is out of the question at these prices and for those that are on the fence. It is my sincere opinion given the stocks undervaluation, history and apparent good news coming. That it is indeed a compelling buying opportunity.