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

To: BlackDog777 who wrote (2002)	2/12/1999 10:08:00 PM
From: Hawaii60	Respond to of 30916

I sort of agree with you on the board of Directors. Many of them are well heeled and could afford more. Each Board Director though also receives an option on 10,000 shares per year at market which can be exercised at any time within a ten year period. As for this: <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.> This Director was gift giving IMO just prior to the end of the year. This company like it or not (and many people don't), compensates its employees so well with stock options that unfortunately they really never do need to buy additionally. I can tell you this though. Many many many employees routinely purchase the companies stock. The company has strict rules as to when they can and cannot do so. Best regards.

To: BlackDog777 who wrote (2002)	2/12/1999 10:29:00 PM
From: Shtirlitz	Read Replies (2) \| Respond to of 30916

There are plenty of stocks, where insiders do not buy at all, only exersize options and sell. And most of them are doing pretty well. Actualy, massive insider buying is a rare case, like CPU, for ex. I would be more concerned, if IDTC insiders were selling large amounts of shares, which is not the case here. <<Obviously Wall Street also has some confidence problems with IDTC.>> I wouldn't look at it this way. Look at the 2 year chart. Do you see the run it had from 4 to 40 in 10 month 2 years ago? Wall Street was very optimistic about the prospects of the company, and the stock has ran way ahead of itself. Therefore a year long pullback. The company had to prove that it is worth its valuation first. At the current level of 14 it calculates to a 350% return during the last 2 years. Not every stock can do that. The company has proved itself. 15 quarters of double digit revenue growth, and earnings growth. Rapidly gaining international market share. Agreements with the international telecom leaders. New technoligies. I'd say that IDTC is being acknowledged as a major player in its field, discount and pre-paid long distance, that is. Plus the internet division deserves a separate valuation. Now the stock that was overvalued a year ago has become undevalued. I would expect a year long downtrend to be broken soon. You are right about KSE, though, he is way too optimistic.