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


To: blankmind who wrote (20080)4/12/2000 10:15:00 PM
From: Carl Smith  Respond to of 30916
 
Blank and September,

Yes I would say six months ago would have been perfect. It is unfortunate that IDTC is mirroring the Nasdaq decline during the past several days.

I have learned a lesson about stock value. It is not what I think the stock is worth that counts. When the AT&T news was released and the stock didn't react - at least not to expectations on SI - I inherently knew that I should have liquidated some of my position to lock in profits. But greed overcame my rational thinking and visions of $60 were swimming in my head.

Although I will admit it is hard to understand how the valuation of IDTC is determined. Sometimes being too smart about a stock's value can be just as detrimental as not knowing enough.

Carl