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


To: Andrew H who wrote (3958)4/7/1999 11:56:00 PM
From: Stitch  Read Replies (3) | Respond to of 30916
 
Andrew;

<<However, in all honesty, I will more than likely sell 1/2 my position at 40, perhaps a bit sooner, >>

Thanks for the input. I quite honestly cannot put a specific price target on this one. To be honest this is my first "internut" and I bought this one because it wasn't a pure internut. I came to it via a communications sector approach but played it for the attraction of the internet play. Now that we seem poised to realize some gains on that basis I think it is more important then ever set targets and suck down some discipline. This is one I truly do not want to decide on a minute by minute intuitive basis though reading the play by play on this thread has been entertaining and informative. My targets have been adjusted up to allow for the fact that this stock has that potential to behave in a stellar fashion, as indeed it has since my entry point. Still, those targets will put me out of it much sooner then 30 and certainly way before 40. (Came within kissing distance intraday today). I have allocated 20% to retain for a longer term hold. Otherwise I would lose the entertainment value of following this thread. It would be like watching a poker game without getting in. That would be boring indeed.

Incidentally, just for the record, I am happy for the comments from the bears and the bulls on this thread. Both sides have something to offer IMO. That differing views occasionally leads to rancor seems quite ordinary to me. Hope both sides can shake it off so we can continue to have the opportunity to weigh all inputs.

best,
Stitch

(Here is a laugh - the spell checker is red lining the word "internet" How is that for irony?)



To: Andrew H who wrote (3958)4/8/1999 12:42:00 AM
From: Diamondhead  Read Replies (2) | Respond to of 30916
 
Andrew,

I have been thinking about raising my sell target from 30 to 40 also. This, however, is often where I have lost profits on other stocks. The good news that I was expecting at 15 happens or is about to happen, then the price goes up confirming the good news, and then I start thinking a higher price is possible. Is the confirmation of the reason we set our sites on 30 a reason to raise our target higher? Or is there new information that justifies?? I haven't heard anything better than the IPO yet. I do have a greater appreciation of the potential here I suppose. The raging bull article a few days back helped me see some of the broader possibilities...e.g. all those people in the chat rooms on AOL net2phone-ing each other.

I'm curious on your reasoning to raise your target price if you don't mind telling me. Thanks.

Kevin
24 7/16