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To: John Pitera who wrote (59096)8/27/1999 2:42:00 PM
From: wlheatmoon  Read Replies (3) | Respond to of 86076
 
interesting tidbit of information. from individual investor.

<<But if you like Net2Phone, you have to love IDT Corp. (NASDAQ:IDTC - Quotes,
News, Boards), which still controls 57% of Net2Phone. At a recent $30.50, IDT is
valued at $734 million. But IDT's stake in Net2Phone is worth $2.45 billion. I'll
repeat that in case you missed it. $734 million IDT is sitting on a $2.45 billion
asset.


IDT, for its part, has a nice little telecom business that has been steadily ramping
up. And recent deals with Northpoint Communications (NASDAQ:NPNT - Quotes,
News, Boards) and Spain's Telefonica de Espana (NYSE:TEF - Quotes, News,
Boards) should help keep up the sizzle for some time to come. >>



To: John Pitera who wrote (59096)8/27/1999 2:44:00 PM
From: pater tenebrarum  Respond to of 86076
 
i assure you, the MER anal-ysts will have reason to like them even more come october...