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


To: E Newman who wrote (1408)1/14/1999 10:57:00 PM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
E Newman, I think you are right. Bascially a very sound company with an earnings shortfall, but still profitable. And heading heavily toward the Internet. It will be a bargain for those with the patience to hold.



To: E Newman who wrote (1408)1/15/1999 11:07:00 AM
From: SliderOnTheBlack  Respond to of 30916
 
Irrational over-reaction = Strong Buying Opp imho

PS - wonder how Friedman Billings is feeling - made IDTC a top 10 pick for 1999 days ago ?

Also - anyone have any level II trading observations - size of buys etc.

I was out yesterday in the $13's - in today in the $9's and limits at $7 $5 ... Cash, Price to Sales/Book ratios just too good to pass up here - IPO potential makes this a ''freebie'' from here imho. - They will adjust to the pre-paid card card situation - too much going for this one to not be in here... good luck all.

<< 1/15/99 9:23 am... IDT CORP. (IDTC 13-3/8) SAYS 2Q EPS WILL FALL SHORT OF ANALYSTS' EXPECTATIONS BY ABOUT $0.10... BEAR STEARNS DOWNGRADES TO NEUTRAL
FROM BUY

Analyst Michele Wolf says co.'s problem is cost control on network
side... Notes co. aggressively sold new routes on which it planned to put up network over course of 2Q... However, it has fallen a Q behind in attempts to expand the network... Result is co. will have greater than expected revenues with much lower than expected EPS... Also, notes there some additional pending SG&A to pave way for eventual sale or spin-off of Internet telephony business... (cont