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

To: Marty Rubin who wrote (3058)	3/23/1999 1:32:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 30916

Marty, I really hope I'm wrong but something just doesn't feel right here. They say if it seems too easy, it probably is. We're all waiting for announcements that management has alluded to. Lot's of indicators that this announcement will come, yet I don't see the anticipation in the stock trading. As you put it, very few internets make money...here's an internet and telecom play in one. In my mind one of two things is going on here...either investors are taking a wait and see attitude towards these pending announcements, or they don't believe there will be much impact. Further, looks to be basically all small retail holding the stock up. I think stock is a play with a solid break of resistance at 18 for several days...anything short of that is a crap shoot. Forbes blurb doesn't hurt. I think the largest concern may be that short of a buyout, IDTC is playing in the big boys play ground. All in my opinion. We'll see what happens. Good luck, sf