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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (6434)	3/24/1999 12:51:00 AM
From: jeffbas	Respond to of 78497

Paul, my experience is that when I sell "only out of fear" I am making a mistake a high percentage of the time.

To: Paul Senior who wrote (6434)	3/24/1999 6:38:00 AM
From: Count de Monie	Read Replies (1) \| Respond to of 78497

Greetings Paul Senior, I have studied IDTC just this week, I am interested in the reasons why you sold, my instincts tells me you did the right thing. As I see it, the recent price run up seems to be due to rumors of an IPO offering for the netphone subsidiary. One poster even insist the IPO announcement will take place this week. It's Tuesday and the volume is half the usual average on a small 1/4 point drop. I know for a fact that if an IPO is imminent, volume and price would rise dramatically due to insiders and rumor buying. Now on to the important part, is IDTC worth investing? From what I've read, the call isn't as clear and reliable as old phones. The setup and software needed is too complicated for the average person, no problem for the net literate and early adopters though. IDTC seems to be having a problem with meeting earnings expectations. The pluses for IDTC? Long term, all calls will be net based because its simply cheapest, could take 5 years or until call quality improves. IDTC growing at a fast pace, over 20% quarter to quarter, but is profitless growth good? The IPO rumor if true will reap investors with great returns, Any net stocks with 100% plus growth and profits will be a winner. My overall rating? IDTC looks good, but the volume and price are going in the wrong directions, in my pass experience, this indicates a scam or bigger fishes than us knows something stinks and staying away. I'm most certain that you will disagree with me. I hope you can make a clear case for this stock because the company looks too good to be true. Thanks for reading, Count de Monie