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


To: Mo Chips who wrote (1157)10/22/1998 4:30:00 PM
From: Tom Gebing  Read Replies (2) | Respond to of 30916
 
Mo - I believe the price activity last week was attributed to the uncertainty in the finance world. Many of the small companies are faced with trying to get loans to cover their expansion needs. With the so-called credit crunch all of those smaller companies corrected on the perception of tight money. Now with Lucent and other equipment companies saying they will finance the initial orders for credit worthy companies, that relieves the credit crunch pressure in the minds of the street. Lucent's announcement today, (I believe) is what helped make this stock move. Just my opinion to your post ... If anyone else has an opinion please post it for all to share.
Regards,
Tom