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


To: blankmind who wrote (13104)8/17/1999 3:45:00 PM
From: Steve Fancy  Respond to of 30916
 
Blank, I predicted 17.5-20 last week. Note this morning simply reflected building nervousness over the lack of conference call news. You know it's not my style to call 'em both ways.

I work out of my office at home, with my dog and kids close by...knock it off blank. I have never hidden my intentions, my feelings about this investment, or my positions....and have never been short...almost, but never.

sf



To: blankmind who wrote (13104)8/17/1999 3:51:00 PM
From: blankmind  Respond to of 30916
 
as i have predicted earlier in the week, as idtc rises you will see the doom and gloom posts regarding the cc, short covering, earnings, plauges, .....

keep in mind everytime idtc went over 16 shorts kept shorting, and companies such as mlco sucked up those shares. there are a lot of nervous people watching this stock, since so many predicted single digits and held their short position. with no consideration of the core priced into idtc, and not even the ntop position idtc holds, there is only one place idtc is headed, and that is towards 20, the next milestone now that 16 is behind us.

following the tick, people are not shorting and selling 17, following the adage if you liked it short at 16, you will love it better at 17.