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


To: SteveJerseyShore who wrote (18656)2/16/2000 8:57:00 AM
From: Hawaii60  Read Replies (2) | Respond to of 30916
 
There are 3 constants with this stock. Whenever it goes up you will hear from Herb Greenberg, Vik Grover and our SF.

Herb represents a large short contingency as does Vik. Normally they do their thing when the stock hits about 26. This time they couldn't react in time and their short friends are in trouble and looking at covering at quite a loss.

Value investors are looking at us now. The WSJ, NBC, USA today etc. In this particular case I view Herbs article as bullish for longs. It means HIS shorts are still in and haven't covered yet. An analyst was on Radio Wall street yesterday saying IDTC would be worth over $60 if the deal is done etc. Then the WSJ confirms it. I say Herbs group has a problem and am laughing.