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

To: FreedomForAll who wrote (2524)	3/10/1999 8:11:00 PM
From: Garland M Baker	Respond to of 30916

I agree with you. Rode from 15.62 to high sold and shorted. Even though I am a TRUE BELIEVER in IDTC and know todays move will be great for the company because a deal with Netscape is a deal with AOL in the FUTURE you got to pay attention to FA and especially the TA of IDTC. Look at the 1 year chart and its movement history. It pops and drops. 2 steps forward and 1 back for this stock. Move today on 7x avg vol. The new pushed it up. On the other hand CKFR (another favorite of mine) moved up on a little more than normal volume and no news. IMO

To: FreedomForAll who wrote (2524)	3/11/1999 10:41:00 AM
From: Arrow Hd.	Respond to of 30916

David, thanks for the reply. I think you are correct in that assumption. Since there was no news last night I expected it to trade down this morning. I was concerned about the setting of a new deadline. As a person who has negotiated major technology deals in the past, deadlines are dangerous unless you hold all or most of the cards. I dont know this bondholder issue so I cant say but I would expect they have some negotiating power or this would have been done already. At this point, I would prefer IDTC just stare them down and let them know that IDTC is willing to weather the delay with no new deadlines and do whatever is necessary to take any leverage away. I am not a seller here and will more than likely double up at some point in the next few days.