Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: blankmind who wrote (2007)	2/13/1999 8:16:00 AM
From: Shtirlitz	Respond to of 30916

blanmind, This is a fairly old data. Most of the institutions where selling before and on the downgrades, and probably to offset taxes at the end of last year. Some funds simply have to sell on downgrades. If, you remember, Putnam has recently file S-13G/A, which means they no longer hold 5%, they reduced their holdings to 4.5%. However this stock had 70% institutional ownership at some time, and I beleive they will be back before or on upgrades.