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


To: blankmind who wrote (13278)8/21/1999 7:30:00 PM
From: blankmind  Read Replies (1) | Respond to of 30916
 
Regarding the *Telefonica* conference call...if the news isn't big, could send the stock back down. If the holdup is due to anything other than significant additional news, once again the way they chose to handle this will them look like a rinky-dink operation. this in no way suggests if there is no new news the price will drop. no, i actually am saying without new news the price will rise.

any rise in share price is due to short covering, it could not be the telefonica news, white paper, net2dine, holding in ntop....

when idtc heads south, just people dumping the stock, not short selling then.

all telephone calls will be free, hence idtc is upgrading from ds3 to 0c3 to handle the call volume. what they lose on being free, they can make it up in volume.

as people know many shorts pretend to be long and concerned, and will do things to scare longs, such as comparing the stock to bb stock, claiming the product does not work, what they do will soon be free, any rise is short covering (after the cover, the stock will retrace since it had nothing to do with the company fundamentals changing),.... you get the idea.



To: blankmind who wrote (13278)8/22/1999 2:12:00 AM
From: Steve Fancy  Read Replies (1) | Respond to of 30916
 
Simple answer blank...I became convinced a week ago Friday the stock had bottomed. I am not in the business of making public stock calls and don't owe them to you or anyone else for that matter, but sometimes will speculate when I feel confident. Regardless of the reasons, a timely call that proved accurate. That was the original issue if I recall. Further, apparently a foreign concept to you where fundamental prospects create short covering at apparent bottoms. I'm done with you blank...hope you make your money back.

sf