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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 (3425)	4/4/1999 5:13:00 PM
From: Hawaii60	Read Replies (1) \| Respond to of 30916

Are there any TA readers who would be willing to give their interpretation of the current chart? We have discussed tons of fundamentals but I wonder what we look like from that perspective?

To: Secret_Agent_Man who wrote (3425)	4/4/1999 6:55:00 PM
From: blankmind	Respond to of 30916

thanks for the yahoo post. yes, the pattern has held over the last 6 months to short idtc when it reaches 20, it will then pull back. this time though, we do have different dynamics at work, since we have had news, and the short covering has had minimal impact, hence the importance of holding and breaking the 20 point barrier. ...but the time to short idt is AFTER the news comes out and BEFORE Net2Phone is publicly traded. interesting, but if idtc has the financing locked up, which we now know they do, and if they prove to have the high caliber backing we expect, i think it would be imprudent to short at any time, since it would represent a quality ipo.