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


To: Secret_Agent_Man who wrote (3387)4/3/1999 7:34:00 PM
From: Hawaii60  Read Replies (1) | Respond to of 30916
 
Genie has a good name. They should sell it to Disney. lol eom



To: Secret_Agent_Man who wrote (3387)4/4/1999 10:06:00 AM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 30916
 
A thought, Market seems to be placing $400Mil on IPO
at outset, this is without knowlege of "relationships/partnerships"? known and Once "deals" are factored in this # could go up...

I'm just wondering as it dawned on me If the perceived value is 400Million, could this perhaps be
a signal that indeed the market has a fair idea of the
size of the offering and typically the offering range
price is in the say 15-20 area pre-IPO, the value then
gets elevated by "demand" and we could typically
have N2P end up with a much larger market cap?
400Mil/$20 offering price would be 20Mil
shares...yes I know this is speculation but, the street
seems to already have this magic "$400Mil" #
factored in... I do look at the "big" picture but, I also
have to go with the bits of Information we have......
care to address this issue?

Personally If there is an offering price of $20 for the
shares to give us the perceived value of 400Mil then
@ IPO if typical of today's valuation of 100% or
more @ time of Open N2P could reach a Market Cap
of 800Mil to 1 Bil on Issue and Of course If IDT
retains a considerable portion say 1/3 that's an
additional 300+ Mil in Market cap for IDT based on
their "interest in N2P" which might give IDT a
Market Cap of close to 7-800Mil themselves which is
about a ~70% Increase in value? #'s are rough here
and I'm just specualting of course but, you see where
I'm going? IDT remains undervalued imho.

comments please