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


To: Steve Fancy who wrote (3445)4/4/1999 10:09:00 PM
From: Andrew H  Respond to of 30916
 
Thanks, Steve, appreciate your thoughts.



To: Steve Fancy who wrote (3445)4/5/1999 10:53:00 AM
From: blankmind  Read Replies (1) | Respond to of 30916
 
Unfortunately this stock has been a dog, and I just haven't been able to quite put my finger on why.

earnings disappointment, not revs, but earnings. but since idtc has announced the spinoff, the stock is up over 50%. the earnings shortfall has been related to the internet side where they divert money. once the spinoff occurs, idtc will have more earnings, and the pe of a telco again, since the internet side sucks out money.

The pumpers on various boards with this day, that day, today, tomorrow yada, yada, yada, haven't helped...

pumpers? speculating on when and who is part of investing. pumpers are not on this board, but jump to other non-related boards to pump the stock. there is much dd behind the speculation on this board at least, and not wild speculation. at times you need to put the story together, and extrapolate, something that the members of this thread have done an excellent job at. is the time frame right most times? no, but it is close.

...otherwise the trading patterns of the stock haven't made any sense to me based on the apparent potential. There seems to be a lot of disbelief in something.

you have talked about this "something" for a long time. when you find the "something" please let me know. this always talking about "something", as when someone says "big news, but i can't mention", is pump. idtc is a known short at 20. idtc has been turning around disbelievers with the various agreements and coming through finally on the consent agreeement. it would seem disbelief is changing slowly since the spinoff announcement if one follows the volume and the rise in the price of the stock. is there still disbelief, clearly and rightly so, until the spinoff announcement.

To me, so far, this has been one of those "what's wrong with this picture" stocks, and we may or may not find out why as the story further unfolds.

again, you speculate something is wrong, but can not put a finger on it. maybe nothing is wrong except the perception of the stock from what occurred previously. the story has unfolded favorably since the earnings debacle. every announcement about the spinoff has come, combined with great agreements with top internet companies. you might want to re-evaluate if there really is a rotten core to the story, or this what it appears to be.