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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?


To: Danny who wrote (7016)8/11/2000 5:04:30 PM
From: 4 - Bob  Read Replies (1) | Respond to of 10270
 
Thanks for the info Danny on NTOP. BTW, I've done real well short term trading ONIS several times since your heads up on it. I opened a position then for a long term investment, but it has been a traders dream lately.

4-Bob



To: Danny who wrote (7016)8/11/2000 5:18:47 PM
From: Gerald Walls  Read Replies (1) | Respond to of 10270
 
The news is out that AT&T is buying 1/3 of NTOP for 1.4B,
that would mean they are paying something like 70 for
every NTOP share.


No, they've completed the buy, and it looks like something they were obligated to do...

thestreet.com

AT&T (T:NYSE - news) announced Friday that it had completed its deal to buy a 32% stake in Net2Phone (NTOP:NYSE - news) for $1.4 billion, or $75 a share, well in excess of the company's the current stock market price.

An investment group led by AT&T agreed in March to acquire the stake from Net2Phone's controlling shareholder, the long-distance company IDT (IDTC:Nasdaq - news).

<snip>



To: Danny who wrote (7016)8/11/2000 5:38:47 PM
From: margin_man  Respond to of 10270
 
You're lucky!! I had to pay 31 3/4 for it.



To: Danny who wrote (7016)8/11/2000 6:11:46 PM
From: neverenough  Read Replies (2) | Respond to of 10270
 
Look out for NTOP. I dont know hy it is still traded at
31 in afterhours. But FWIW, I just bought 400 shares
in afterhours at 31 for a ST trade.


I'm trying to buy some now, have orders in at Waterhouse and etrade @ 31 15/16 but can't get a fill....