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


To: blankmind who wrote (2881)3/18/1999 9:59:00 AM
From: Peter Yang  Read Replies (1) | Respond to of 30916
 
Thursday news!!!

biz.yahoo.com

and trading imbalance!!!



To: blankmind who wrote (2881)3/18/1999 1:25:00 PM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 30916
 
I AGREE WITH THIS POST.."everyone should back off and let it HAPPEN! This is a business not a day-trade. In business imminet means 6 months! Those of you in business know that often we may come up with something and say "we should role this out now." What does that really mean? It takes at least 3 months to do anything significant in business. Do you think the people at Disney or AOL can drop all their other endeavors to complete the IDTC deal!? Not a chance. Even after the stuff shirts get together, you still have the lawyers and the accountants to check and re-check everything. Look how long it took to get consent, and that was just one small part of the deal.

Frankly, I'm very impressed that IDT has been able to maintain releasing what seem to be big news items every 3 days or so. We already know the shorts are history...nobody with half a brain is going to short a stock with "imminent" big news.

Second, we're well off our lows and have been able to maintain a reasonable stock price... again I'm impressed given that I was quite sure we wouldn't see $16-17 until after the news. However, the netscape news, and the apparent "interaction" with Disney (ala the GO button on net2phone) would suggest very big things in IDT's future.

Longs who pound the desk all day about IDT and IR aren't doing themselves a favor. You'd be doing us all a favor if you could see all the positives and spent your time talking up this stock all over the damn message boards!

pmorcos "