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


To: blankmind who wrote (4480)4/10/1999 4:33:00 PM
From: Andrew H  Respond to of 30916
 
We are doing pretty good so far this weekend (including Friday)--a great mention in Newsweek as a market leader and wsj online. I would not be srprised to see more after the gains this week. Soon everyone will be talking about internet telephony.

I agree that Softbank announced when they did because they want to see the price higher. We all know what happens when Softbank wants to see the price higher. That is why I do not think we will go down much from here, if at all. Not just Softbank, but all the institutions and big money managers who watch Softbank. There will be lots of buying on any dips, and we know the float is quite small.

Many of the analyses we see do not take the very small float into account. Any significant demand will send this flying again, exactly as it did last week. Supply and demand.

Lots of news could be coming at any time. For me this is a time to be holding. Only the nimblest of traders should be trading.

I would not be surprised to see some news on Monday.



To: blankmind who wrote (4480)4/11/1999 1:39:00 AM
From: CBJR  Respond to of 30916
 
ETEL,closed at $5 7/16, up $1 7/16.
I'm hearing ETEL has something to do with IDTC. ETEL up due to partnership with IDTC in Internet Protocol technology.
Did anybody hear anything?