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

To: Steve Fancy who wrote (20095)	4/13/2000 4:37:00 PM
From: Hawaii60	Read Replies (1) \| Respond to of 30916

Steve, your opinions aren't honest at all. Disingenuous is a generous terminology for most of what you post. In my experience on this board you simply pop up whenever the market is down or the stock is down and try to plant your seeds of doubt. You have questioned everything from the viability of Net2phones business model, to the quality of their calls to the sobriety of the President of the company. I actually think your real problem is you like to be perceived as a smart guy but can't tolerate the slightest disagreement with your opinion. You may notice that most others are able to post here and elicit intelligent responses and interesting dialogue. Not you though. Sometimes we don't have to look any further than the nose on your face to determine a problem. Yours is yourself. It is YOU, who constantly tries to be vague. YOU that insults others. YOU that manipulates facts and YOU that seems to have a mission to discredit the stock. I mean come on. Most of your tech stocks were up today? You think people are stupid? Comments like we should get rid of Courter and HJ are not only ridiculous but completely devoid of any serious thought. These gentleman built the company from nothing and have far exceeded their peers and even the most cynical investors hopes in what they have achieved thus far. You on the other hand, will always be Steve Fancy. The man who questions everything but has accomplished nothing.

To: Steve Fancy who wrote (20095)	4/13/2000 4:49:00 PM
From: Herschel Rubin	Read Replies (2) \| Respond to of 30916

As mentioned earlier, this decline in the Nasdaq & Tech high-fliers is, to a large extent, due to investors/traders having to sell positions to raise cash to pay for large Schedule-D Captial Gains from 1999. Remember that the NASDAQ was up 84% last year. Many people are sitting on a HUGE tax liability and their most liquid funds are IN THE MARKET. These funds are now being taken out of the market. Include me in that list. Include Bink, and many others. This recent decline is a gift just like the annual year-end tax-selling phenomenon (I was buying like crazy at the end of 1999 and profited handsomely). I believe the same can be said of this period because never in history have we had such an advance in the Nasdaq as we did in 1999, so now we're having an unprecedented amount of tax-selling like we've never seen. Why is it such a gift? Because the fundamentals of the Internet/telecom/infrastructure business are intact and this tax-selling bout will be remembered as a great opportunity. I was thinking the same thought about the B2B stocks that have been pummeled recently. We all know B2B won't go away in the long term. Rather, B2B is going to be HUGE. The recent dose of rationality in the B2B sector may also have provided a rare buying opportunity. At times like these, people are forced into a more critical assessment of their holdings and it's all for the better. Anyhow, to assume that tax-motivated selling implies bad things about IDTC's prospects is no better than reading tea leaves. Watch next week as the markets return with a vengeance as the tax-selling pressure evaporates into thin air. =============== Steve, you so often show up to sow seeds of doubt at times like these. Yes, free speech is great and I defend your right to post, and so on... But your continued speculation of a potential IDTC earnings shortfall is so irrelevant. As many have posted here before: Very few of us have bought IDTC for next quarter's earnings. Near-term earnings from prepaid phone cards are NOT why I have such a sizeable stake in IDTC. I don't care if they miss a few quarters consensus estimates by a few cents now and then during this stage of the company's evolution. Earnings for a company with this much potential is, to me, functionally irrelevant. I think you are smart enough to know that the investment community (at least the forward-looking ones, not the out-of-touch telecom analysts) sees what a compelling story IDTC is. For you to bring up qualms about IDTC's earnings against the backdrop of AT&T, AOL, MSFT, Liberty, etc. (knowing what I know you know about IDTC) seems truly sinister.