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


To: blankmind who wrote (2914)3/19/1999 10:27:00 AM
From: Tibor  Read Replies (1) | Respond to of 30916
 
Monday big news?

Looking closely at t he last two days of trading activity I believe
that somebody in the know is setting up a bunch of shorts at or
slightly below 17.
Many MMs are desperate to keep the price below 17 1/2 so the options
expire worthless and for this reason heavily short IDTC at the above level.
But the fact that somebody is supporting it suggests to me that he is in the
know. And major news on Monday, coupled with the heavy shorting yesterday
and today, would indeed skyrocket the price on Monday.

I hope I am right and that it is not only a wishful thinking of a long.



To: blankmind who wrote (2914)3/19/1999 11:52:00 AM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
blankmind, if not too late, I want to predict they will begin announcing the big news next week, between the 22-26.