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


To: Jules B. Garfunkel who wrote (30679)6/29/2005 11:06:03 AM
From: Jules B. Garfunkel  Respond to of 30916
 
How can both companies remain publicly silent, on IDT's reported tender offer for NTOP ?
Jules



To: Jules B. Garfunkel who wrote (30679)6/29/2005 11:06:06 AM
From: 613  Read Replies (1) | Respond to of 30916
 
What price would you think is fair?

Also, would you mind giving us the quick version of what you're referring to in Jonas' book?



To: Jules B. Garfunkel who wrote (30679)6/29/2005 11:08:11 PM
From: BinkY2K  Respond to of 30916
 
Jules, my guess is that there is only one player here. Howard Jonas has absolute control and he will use various parties beholden to him, including Board members, to choreograph something over months so he gets plenty of free publicity, even if negative, and perhaps raise his offer to $2 or a bit more, and then conclude.

Alternately, he will back off with a higher stock price, having confounded some shorts and taught Wall Street that he could do it again.

Speaking for myself, I stopped wanting to deal with Jonas years ago as his book may not reflect what he is now but in some ways it does. He spreads himself into too many businesses so nobody really understands IDT and it is undervalued. As a shareholder, that is not my goal.

Good luck to you and others. I hope you can take advantage of a higher stock price, one way or another.