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


To: blankmind who wrote (16396)11/6/1999 7:38:00 AM
From: wl9839  Read Replies (3) | Respond to of 30916
 
Blank,

If I were advising IDTC on what they could put out during the quiet periods existing today I would tell them to stay away from items dealing with Terra Networks and NTOP. However, any other initiative which is purely IDTC (and not subject to condfidentiality problems such as a buyout-haha) can be publicized. With respect to Friday's announcement, such an after the market announcement is just not IDTC's style which appears almost always to be an announcement about 8:30 on a trading day. I would not be surprised to see an IDTC announcement Monday a.m. Remember the announcement out yesterday was generated by FNet and (as someone else as postulated) was probably put out to give that company time to tout it over the weekend in its sister investment newsletter.

As to what the 3 PR people are doing, who knows. Either they are chomping at the bit, doing things not apparent to the board (such as pursuing PR opportunities overseas or within ethnic related communities such as Spanish language media) or just wasting SGA resources. As HJ, as most majority business owners do, seems to consider a dollar spent by IDTC a dollar out of his own pocket, I can't believe that this last scenario is correct.

WJ



To: blankmind who wrote (16396)11/6/1999 9:57:00 AM
From: BinkY2K  Read Replies (1) | Respond to of 30916
 
IR/PR is window dressing.

Blankmind makes some good points. In my conversations with IR, when I still felt talking to them had much point, I gathered they were frustrated at not being allowed to do much. I also got hints that they did other jobs that may not be completely along the lines of press releases.

For example, Brainson seems to focus on unrelated tasks but is mentioned as being an IR contact. I believe he is also a VP of Finance or something.

Others seem to spend time assembling the annual report and other such paperwork. True, this is something for investors and communicates to us. But, it is once a year and not particularly timely. Further, we (investors) often call and speak to them, sometimes for an hour at a time. We send email. We expect responses and personal attention.

All these are important tasks. But, anyone that thinks there are 3 people spending 120 hours a week thinking of press releases, monitoring bulletin boards, maintaining web pages for investors, checking that news sources say the right things about us and show the right earnings and numbers of outstanding stock shares, is too optimistic ;-)

Bink