Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Fortune III who wrote (3948)	4/7/1999 7:31:00 PM
From: Hawaii60	Read Replies (2) \| Respond to of 30916

Yesterday on 6M shares, I thought we would drop off when the day traders unwound their positions. Instead institutional buying stepped up to the plate and kept the gain. Today, there was shorting. The shorts threw in the towel finally. We went up, then the day traders unwound their positions and we closed up AGAIN on 4M. Had the nasdaq not turned sideways in the last 1/2 hour goshh knows where we would have closed. Tomorrow looks good. This stock has proven it now has legs and is obviously under accumulation. Today thre market makers were just fascinating. They know how to make money and they did it. They not only made money by pulling out the stops and accumulating shares, but, they then screwed the shorts by bidding it back up. You can't tell me these guys were not sitting there all day with institutional orders to buy. They simply wacked it, got the shares and then wacked the shorts while filling those orders. Point is though. We are heading North. The yahoo news was great. VOIP is here and we are the leader, and yes, I am starting to feel better. LETS RUMBLEEEEE!!!!!!!!