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

To: Paullie who wrote (2619)3/12/1999 8:21:00 PM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
Paullie, we are all wondering about the bondholder consent. Since IDTC has not announced an extension publicly, most of us assume there are ongoing negotiations which must be near to conclusion in terms of gaining consent.

This is reasoned speculation and not fact--however the strength of the stock price supports the speculation. I expect consent to be announced on Monday or Tuesday, followed by announcement of IPO/spinoff and the corporate investor.

This post, which you must have overlooked, spells out the reasoning beautifully:

Message 8286727



To: Paullie who wrote (2619)3/12/1999 11:15:00 PM
From: Bill Zeman  Respond to of 30916
 
Paullie

No, they have no deadline on providing any info on consent solicitation or institutional investors. There may not even be any investors. All this stuff is in the works. See my previous post right b4 this one for details on what consent solicitation is for.

Bill Zeman
(18 1/2)


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