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


To: carreraspyder who wrote (30723)11/22/2005 11:29:50 AM
From: Art Baeckel  Respond to of 30916
 
Thanks for your opinion. I am about to settle on some recreational property I've owned for over 20 years. I'm going to have some huge capital gains to deal with. As everyone here knows I have some HUGE lo$$e$ I could easily offset them with this stock. I'm afraid that the payout of $2/share won't happen before the end of the year thus not letting me to do the lo$$e$ to my advantage. I'm thinking about $elling on the open market just to be sure. I understand that the $2 is good whether yah vote or not if it goes forward. The only difference I could see is that they would process the "YES" votes before the "No's". They also said there would ne no interest earned until the settlement. If they decide to extend the deadline then I'm caught with a tax problem. I'm not sure how the IRS would view the fact yah say yes. My guess would be the same settlement date issue they use. I have the whole month of December to do what I got to do. The way I've always felt this stock price gets manipulated by Jonas (IMO) I have doubts about that 42% premium being on the up and up. I still think of the day CNBC did the piece that made this stock go over $7 or $8 and eventually come back to reality. Thanks for your input!!!

ART