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: Hawaii60 who wrote (2001)2/12/1999 9:50:00 PM
From: BlackDog777  Read Replies (2) | Respond to of 30916
 
H-60,

"Therefore there is no reason whatsoever for insiders to be buying shares."

How can you say that? Remuneration in the form of options are for set amount of shares. You tell me that no officers in that company have any desire to go above and beyond the amount of shares given in their compensation? What about the Board of Directors - they're privy to the company's future and I assume compensated in a more meager way in the form of options. They are usually well-heeled individuals who certainly can afford to purchase shares outright - especially "home runs" as KSE sees it.

Why would the Director who recently exercised & sold a measly $26K in stock do this if he knew it was going to take off in a couple of months? I know you'll say he needed the money, but I think I would borrow that money on a short term basis if I knew those shares were going to take off imminently. Hell, there are people on this thread who leverage themselves on IDTC and they're on the outside.
If there is money to be made - there's your reason.

I still see the lack of activity as being disturbing. As I said in a Yahoo! post awhile back - the insiders look damn good in not buying this stock outright in the last year. That in itself says something.
Obviously Wall Street also has some confidence problems with IDTC.

LJVocke



To: Hawaii60 who wrote (2001)2/13/1999 1:56:00 AM
From: blankmind  Read Replies (2) | Respond to of 30916
 
thomsonfinancial shows jonas with 5 million shares or 14%

Shrs Hld Date Rptd % Hld
JONAS HOWARD S 4,695,544 10/02/98 14.20

the largest institutions hold about 23%, something that could easily
increase with positive developments, since institutions are known to
be of the herd philosophy after the fact, not speculative.

Top Institutions Shrs Hld Date Rptd % Hld
PUTNAM INVESTMENT MGMT 1,691,005 09/30/98 5.10
AMERICAN CENTURY COS 1,204,700 09/30/98 3.60
EQUITABLE COMPANIES INC 938,300 09/30/98 2.80
PILGRIM BAXTER & ASSOCS 868,800 09/30/98 2.60
STEIN ROE & FARNHAM INC 848,000 09/30/98 2.60

Top Funds Shrs Hld Date Rptd % Hld
PBHG GROWTH FUND 846,100 09/30/98 2.60
PUTNAM VOYAGER FUND 817,940 07/31/98 2.50
STEIN ROE CAP OPPORTUNI 800,000 09/30/98 2.40
AMER CENT/TWENT GIFTRUST 580,000 04/30/98 1.80
AMER CENT/TWENT HERITAGE 305,000 04/30/98 0.90