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


To: Hawaii60 who wrote (13476)8/25/1999 12:19:00 PM
From: blankmind  Read Replies (2) | Respond to of 30916
 
i agree with you wholeheartedly on the fact idtc is woefully undervalued, and current share price neither represents their core holdings or the ntop holdings. it is quite amazing how they focus soley on ntop in viewing idtc, seemingly oblivious to the isp/phonecard/portal/ld/hosting side.

this went along with my post yesterday about short interest, there are many people who do not believe the ntop price or the idtc price, hence both keep attracting shorts. and it is very possible the short interest is above the 2.5 million shares.

many people would like to believe short interest covering has propelled the stock higher, but in truth idtc has over $28 core value witout ntop, and no one expected the quick rise in ntop, and also again miscalculated in believing it would then fall.

further the shorts forget how much institutions and hj control of the idtc float, hence the actual float is far less.

i thought we needed some balance on the thread, everyone seems positive, so we needed another side.