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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Torus who wrote (769)5/20/2001 8:27:16 PM
From: Michail Shadkin  Read Replies (1) | Respond to of 6873
 
Torus - Re: IDT

After spending 1/2 looking and reading, I think IDT looks good on the surface.
Certainly lots of value here.

Market cap is below cash (878 million vs 1.08 billion)
cash is 33.47/share
They are losing money, but not a major bleeder.
I dont really understand the TGNT deal (doesnt make sense to me as an outsider, but Im sure they got great terms)

I could not find anything regarding the tax issue on $1 billion you mentioned. Maybe you can offer a link.
This sounds like a very important issue.

IDT has amazing support 20-21 level
I would love to join you at that level.

Thank you for the idea
Michail