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


To: blankmind who wrote (13328)8/23/1999 9:09:00 PM
From: Rajiv  Read Replies (3) | Respond to of 30916
 
I am expecting both IDTC and NTOP to go lower (after a higher open tomorrow). The NTOP run (a 100% move) was almost entirely due to mo-mo money taking positions in anticipation of the analyst coverage after the quiet period is over. After tomorrow's open, a substantial part of this money should move over to the next post-IPO-25day plays. I thought it to be judicious to take a starter position in IDTC just in case things fall apart very quickly.

Regards,
Rajiv