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


To: Andrew H who wrote (2942)3/19/1999 6:54:00 PM
From: blankmind  Read Replies (1) | Respond to of 30916
 
nice article.

someone asked the value of idtc if net2phone was spun-off. believe it or not the value would rise.

what?

yes, rise.

why?

net2phone is a drag on earnings since idtc is valued as a phone company and not an internet company. the phone side subsidizes the internet side. without having to subsidize the internet side, revenues continue to explode, and earnings will rise. a win-win situation. once the spinoff is announced, idtc will explode, but even after the spinoff, idtc will be valued more than 20.