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


To: Hawaii60 who wrote (1916)2/10/1999 10:11:00 AM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
Looks like the tech/internet correction is continuing today. Best to get it over with asap IMO.

IDTI seems to have good support at 14. Good buying op since we know big news is coming soon.



To: Hawaii60 who wrote (1916)2/10/1999 11:17:00 AM
From: Hawaii60  Read Replies (1) | Respond to of 30916
 
The S-3 that was filed on Monday registering approx 170,000 shares has apparently been used as an excuse by the market makers to pull some stops. Sophisticated investors realize that this registration was required by SEC regulations as the lockup period on these shares is up in 60 days. They also would know that the shares have been previously allocated and that this registration in no event signals an offer to sell. I think this filing was done by the lawyers at Morrison and Forrester without consulting management and I believe it probable that management will be releasing a clarifying statement later today.



To: Hawaii60 who wrote (1916)2/11/1999 12:23:00 AM
From: David Wise  Respond to of 30916
 
"Extensive internet investments" - PSINet qualifies, but give me a break. They're just little fish themselves. Hope when the announcement is made we won't be so disappointed that the price drops like Lycos/USA. And no delays. Lets get the news out. I think IDTC has plenty of potential on their own, but also recognize the benefit of bringing in a name with instant brand recognition.



To: Hawaii60 who wrote (1916)2/11/1999 1:43:00 AM
From: Bill Zeman  Respond to of 30916
 
Hawaii said:

"IDTC has stated in a public release and Howard Jonas has stated publicly that the ci is a multi media corporation with extensive internet investments. "

That is why I guessed CMGI.

Bill Z