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


To: m33806 who wrote (3228)3/30/1999 2:12:00 PM
From: klinetime  Respond to of 30916
 
I'm long as hell this stock, but when people think there is news coming there is no news.

Good luck everyone.



To: m33806 who wrote (3228)3/30/1999 3:10:00 PM
From: Steve Fancy  Respond to of 30916
 
m: recent April options activity looked to be small retail...probably from folks reading the various threads supported by a handful of folks. Seems to be a couple guys pumping the stock, provoking a huge group of followers to buy. Even some of the CBS marketwatch and other rag stories seem to come from chat board comments from the same couple of guys. Obviously the most recent news is not taken as extrememly favorable, instead looks like it may be viewed as just another in a chain of delays and problems. From my research, I don't know that anyone other than chat board folks really expect big news.

Although I'm still long, I'm fearful that selling may feed on itself. The stock has been a dog and so far I'm disappointed I fell for the chat board syndrome and didn't put all the cash into bid.com which has almost doubled over the last week or so....oh well.

Don't mean to rain on the parade, just get the feeling a lot of folks have very high short term expectations based on one or two people...I have seen many such situations that never materialize...or take years.

sf



To: m33806 who wrote (3228)3/31/1999 12:04:00 AM
From: David Wise  Respond to of 30916
 
Don't get carried away. These bond transactions do take time. See CTI for an example. That's why I was upset with some of these yokels predicting "IPO in 2-3 days...".

IDTC will be a good investment for patient investors. Not for hypsters who always lose patience and money because they have to have everything today!