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

To: jeff greene who wrote (3361)	4/2/1999 5:03:00 PM
From: jacksoo	Read Replies (1) \| Respond to of 30916

NEWS OUT!!! CHECK MATTHEW RAGAS HEADLINE STORY ON RAGINGBULL.

To: jeff greene who wrote (3361)	4/3/1999 1:28:00 AM
From: David Wise	Read Replies (1) \| Respond to of 30916

What's your point? If it's that internet IPO's are profitable for those who can get in before it trades in the open market, I think that's obvious. Your press release just shows that internet IPO's have soared. Do you have a way to buy Net2Phone stock pre-IPO? If you think owning IDTC is the same, just read the very article you posted again. Notice that just as with ZD, the MALL stock is valued at less than the 80% of UBID that they own. As the day gets closer when MALL holders will receive shares of UBID (not before June) UBID has dropped in value. Why? Partly because the flood of additional shares means that the float will grow much bigger. Partly because the luster of the internet IPO is wearing off. And at the same time, MALL is dropping. By the time the MALL holders get shares in UBID - something like 1 share of UBID for 3 of MALL, the rocket ride may be over. Now if you had owned MALL in October of '98 you would have tripled your investment. With ZD you'd have doubled. So their's hope for owning IDTC IF they announce an IPO of Net2Phone. BUT it seems that right now everyone's counting on an IPO already. Still, a clear announcement of an IPO might bounce it up to $24 with rides up and down before the actual IPO. During the last day or 2 it might do like ZD and run up to $29. But don't forget that ZD dropped $7 the first day of the IPO. I'll give you this, there shouldn't be much down side even if they announce that they're just calling in the $100 million in bonds so they can sign the $150 million credit facility. And that much is irrefutable - they do plan a new $150 million credit facility financed by CIBC Oppenheimer (I guess that's why Oppenheimer raised their rating on IDTC - sort of self-serving), Lehman Commercial Paper, Inc., and Banker's Trust. But I'd expect a temporary drop on disappointment, creating a buying opportunity. Here's a tip - AXC owns interests in 2 streaming video sites that could be compared to BCST which YAHOO bought last week. The web sites are aentv.com and tvontheweb.com. AXC has option to buy controlling interest in one or both companies. Another one - IUSAA or IUSAB (InfoUSA). They provide content to InfoSpace and others. 3/31 they signed a deal with Network Solutions (NSOL). Market cap is < $500 million right now. But I wouldn't jump Monday. It's at $6.00, and should ease back down to at least $5.00 next week. Then again, it seems to be a newly discovered internet play, so anything could happen.