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

To: Secret_Agent_Man who wrote (1334)	1/10/1999 3:53:00 PM
From: Secret_Agent_Man	Respond to of 30916

FROM-YAHOO Poster KSE 1. Again, there is no guarantee of major news monday or even this week. No reason to react. It appears to be coming soon. 2. If there is no morning ipo announcement, and the odds are less than even of anything that significant monday a.m. some of the merger players who bought late friday might sell early monday. However, there will be even more buys next friday if no news is announced by then. 3. However, there will be three groups of new buyers coming in. first technical people, based on strong technicals. second ipo day traders and speculators. third mutual funds with internet interests and larger individual investors who will move more quietly and stay longer. 4. events to look for. first whether there is general company news on marketing and business. second whether the strategic corporate investor is announced or leaks. third whether the ipo, spinoff or whatever is announced or leaked. fourth whether there is profit-taking in the higher priced internet flyers, with money redirected to idt and more reasonably valued internet plays. fifth the trading pattern revealing how many market makers are taking profits, versus how many market makers are making aggressive long moves. 5. options. i am still not convinced last weeks options are a killer bull signal. could be a form of short covering. the higher the volume, the more likely it is a legitimate powerful bull. if my thesis about what is happening is correct, there will be a buy in the range of 250,000 shares in one stroke, or an enormous options play. if i am right it will happen sometime between the open of trading monday and the close of trading friday. 6. there may be an attempt to frighten investors one last time to sell cheap. a market maker might unload a large block sale. there may be short term games with the bid and ask. if this happens i may make one final buy myself. 7. remember that whatever may be publicly announced, news could leak at anytime. it seems obvious to me that major events are well advanced....something is happening soon and may already be in progress. 8. finally, my advice is to keep in mind two key points. first, there is no great gain without some risk. i do not see enormous risk right now, but think about your risk tolerance so you can move fast as events unfold. and most important, we are in one respect lucky. we have bought cheaply a stock that has at least the potential for a skyrocketing upside. how high we go is anyone's question, but it is clear the potential is very, very high if things break right. tomorrow morning we will be setting sail into some turbulent seas. i am confident that very soon the wind will be at our backs, and our merry band of brother and sister longs will arrive at shore successfully.

To: Secret_Agent_Man who wrote (1334)	1/10/1999 7:09:00 PM
From: Louis Cornell	Respond to of 30916

Newmill, I understand IDT is more than just Net2Phone, I am just asking about this particular part of their business, which currently comprises a significant portion of their revenue. I am interested in a long position, but my DD is turning up some risk factors, whether you want to hear them or not. I do not intend to bash this stock, and I in fact my find it undervalued. What I value is straight talk about the company's strengths and weaknesses. If I wanted hype, I'd be hanging around the Yahoo board...