SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Shtirlitz who wrote (1841)2/5/1999 10:47:00 PM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 30916
 
From KSE"to be totally truthful, i think right now
the stock is on automatic pilot for a
little run in the next few days. i
think i have a feel for management and
their m.o. and i think they are probably
stockpiling news for next week, maybe even
one piece of big news."

KSE, re: MO, yes mgmts plan has been executing well and I
too feel that there may be some LARGE news this coming
week. It seem we are building up to a crescendo...bit, by bit
and S_L_O_W_L_Y IDT has turned and Step by Step she's
makin' headway until POW!, I would not expect "major"
news at the first of the week but rather a building up to da pis
de resistance'...

Interesting the Click2Talk on Yahoo, but, we know IDT is a
partner of Yahoo. I actually have been expecting some
E-Commerce news from Net2Phone perhaps this coming
week... In the most recent release Goldblatt, stated they were
working on many "other" applications hmmmmm...?

Either way, as you so eloquently stated we are on auto-pilot
so to speak and IDT is going to go up for any # of reasons
which you et. al. have articulated so well...

FLOAT-
"as of 2:38pm today"

§¶¶-based on minimal research float has shrunk to ~2.4 Million
1.6+866,000=2.466Million or 3.2Mil-866K~ 2.334Million
left +/-100K

"newmill re float This subject definitely bears watching.
What is clearly happening that idt stock is slowly being taken out of commission.

The over 5% investor is undoubedtly going
to hold for the ipo. There has been a
significant amount of accumulation in
recent weeks, and they will most likely
hold for the ipo.

As we get closer to February 17, the naming
of the major corporate investor, the sec
filing for the ipo or spinoff...every day
we get closer investors will be less
willing to sell at the very moment more
are coming to buy.

I am a very big believer in the power of
liquidity in the overall market and the
influence of liquidity....money pouring
into the market from new investors, baby
boomers, etc. And I am a believer in
supply and demand for stocks, and I think
we are at the beginning of a supply and
demand crunch for idt stock, more demand
with less supply, making it more valuable.

The truth is, all hype aside, JB Maria's
chimpanzee can see how internet ipo's are
trading. So selling idt cheap is not
the brightest move when it will almost
certainly bolt up, and could move up
very dramatically.

And i dont know Harry and the Chicago crowd
but what they say rings true. I know for
a fact that there are new groups of investors
coming in, and they have already started to
make their presence felt in the movement
of the stock.

Sometime very soon, we are also going to
see the mother of all short squeezes, but
what's going to happen is that the stock
itself will be squeezed and the result,
simple supply and demand, is that the
price of the stock will go up."

cheers