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: Steve Fancy who wrote (2772)3/16/1999 10:26:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 30916
 
Well, if 16-7/8's is a threshold for you you can bet, we'll open there or below without news and minimally will touch there first thing in the am.... it's just the pattern concerted...imho YES...but, it will happen...and tomorrow is the day...gosh, I wish I was wrong and of course hindsight is 20/20, and you can bet there will be selling a wave in fact below that threshold which btw, is exactly what the mm's ordered when they (?) learned there would be a delay...in consent announcement... well planned? yes, indeedy, problem is we could do the dip and IDT could do a 10:30 am release and many including those with a threshold for pain lower than 16-7/8's would be left standing on the outside looking in or they could look smart on the way to 15-3/4's?

I certainly don't know and I don't trade for a Living...so again, it's not important in the long run...does Buffet jump in and out based on some magical #? I doubt it since, he, by nature, is a Buy and HOLD strategist.

cheers