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

To: Hawaii60 who wrote (13015)	8/12/1999 3:19:00 PM
From: blankmind	Respond to of 30916

it will be interesting to see if whomever(s) have been accumulating idtc by allowing investors to sell (sitting on the bid and buying all the shares sold), will chase the price higher to fill their shares if selling does not pick up. although i would argue the recent accumulation (ie see mlco) or today at 15ish, is not for the shortest of terms, but looking ahead to sept.

To: Hawaii60 who wrote (13015)	8/12/1999 3:19:00 PM
From: 613	Read Replies (1) \| Respond to of 30916

The market has obviously lost faith in the stock (and is a little shaky on the whole ISP sector) and the only thing that will get it back on track and scare away the shorts will be strong real earnings - not estimates.

To: Hawaii60 who wrote (13015)	8/12/1999 5:42:00 PM
From: John Romeo	Respond to of 30916

Hawaii, appreciate the research reports today. Also thanks for posting on SI. I had to jump on this service as the number of useless posts on Yahoo makes it difficult, to say the least, in assessing what the heck is going on at times. So where are the research reports from the big boys? That is the bread and butter IDT investors need to see first in order to commit funds on this issue. I believe IDT has become a show me first company and any news is immediately discounted, by whomever. Say it aint't so.

To: Hawaii60 who wrote (13015)	8/13/1999 12:09:00 AM
From: Diamondhead	Respond to of 30916

Hawaii, How is Star's international business different from IDTC? "Competitive pricing in the international wholesale market had driven margins on several routes below levels needed to turn a profit, it said." Why is IDTC not effected by the competitive pricing? Thursday August 12, 5:43 pm Eastern Time Star Telecommunications posts second quarter loss SANTA BARBARA, Calif., Aug 12 (Reuters) - Telephone company Star Telecommunications Inc. (Nasdaq:STRX - news) said on Thursday it lost money in the second quarter compared to a profit last year, as price competition drove down margins. The Santa Barbara, Calif.-based company, principally a wholesaler of long-distance telephone services, posted a net loss of $27.9 million, or 48 cents per diluted share, for the three months ended June 30, versus a profit of $2.4 million, or 6 cents per share, for the same quarter a year earlier. The results came in ahead of Wall Street's lowered expectation of a loss of 52 cents per share, according to research firm First Call/Thomson Financial. Star had warned last month that its earnings would not meet the previous expectation of a loss of 15 cents per share. Revenues nearly doubled, climbing 96 percent over the year-ago period to $272.3 million. Meanwhile, cost of sales jumped to 91 percent of revenue, up from 85 percent a year ago, it said. Competitive pricing in the international wholesale market had driven margins on several routes below levels needed to turn a profit, it said. Star also recorded a $6.7 million charge for a retroactive rate increase imposed by Deutsche Telekom. Star said last month it expected a European telcom carrier to levy a retroactive rate increase. Star said in its earnings release that the charge was disputed. In addition, Star said delays in network delivery and provisioning meant it failed to meet expected cost savings targets. It did not elaborate. Ahead of its earnings statement, which was released after stock markets closed, Star shares closed unchanged at 6-5/16.