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


To: David Bauerle who wrote (1261)12/17/1998 11:19:00 AM
From: Danny Boy  Respond to of 30916
 
MACD put in a buy signal a month ago on the weekly chart. We are not dealing with MSFT here. MACD shows a typical options swing. Sell covered calls and screw the buyers.

DGB



To: David Bauerle who wrote (1261)12/17/1998 11:19:00 AM
From: SpecialK  Read Replies (1) | Respond to of 30916
 
I just got this message.

Be careful, saw this yesterday ...

PT-1 Communications Asks Court to Stop Rival IDT Corp.
from Copying Its Phone Cards

NEW YORK, Dec. 16 /PRNewswire/ -- PT-1 Communications, Inc., the nation's
leading pre-paid phone card provider,
filed action in federal district court here today charging rival IDT Corporation with trying
to deceive or confuse customers
by copying the distinctive trade dress of PT-1's long-distance calling cards.

In its filing, PT-1 asked the court for a restraining order that would prohibit IDT from
manufacturing, distributing, selling, or
advertising nine of its pre-paid long-distance cards. PT-1 also asked for unspecified
monetary damages.

A show-cause hearing on the injunction request has been scheduled for Monday
morning, December 21.

Specifically, PT-1 asserts that IDT copied the name, packaging, and trade dress of
PT-1's highly successful New York, New
Jersey, Connecticut, Florida, Texas, Georgia, California, and Maryland/ Washington,
D.C. cards in marketing what IDT
called its ''New York Exclusive,'' ''New Jersey Exclusive,'' ''Connecticut Exclusive,''
''Florida Exclusive,'' ''Texas
Exclusive,'' ''Georgia Exclusive,'' ''California Exclusive,'' and ''Maryland/D.C. Exclusive''
cards.

The striking pattern of similarities between the two companies' cards, PT-1 said, was
designed to trade upon PT-1's
established market presence and to make customers think IDT's ''Exclusive'' cards were
actually a PT-1 product.

SOURCE: PT-1 Communications, Inc.