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

To: blankmind who wrote (4428)	4/10/1999 10:44:00 AM
From: orkrious	Read Replies (2) \| Respond to of 30916

Blank, even if they keep more than 50% (my WAG projections showed 38%), my point is the same. There really isn't going to be a lot of new stock sold to the public, we're going to get a decent chuck of the IPO, and overall, we're going to own almost the same percent of Net2Phone that we do now. Also, this is going to be a buy and hold stock, not a trading stock. The favorable cap gain treatment we're going to get for holding this more than a year is going to be far better than trying to always sell and buy in a few days later at lower prices (and pay 38% in taxes). This could likely be a 10 bagger (from the lows a month ago) in a very short period of time. Jay