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


To: Trumptown who wrote (4628)4/11/1999 9:11:00 PM
From: Hawaii60  Read Replies (2) | Respond to of 30916
 
Indeed, the other markets are not going for it yet and I doubt if we will either. Don't really care that much either way because I expect IDT will be ok and if it creates other buying opportunities, all the better.



To: Trumptown who wrote (4628)4/11/1999 9:17:00 PM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 30916
 
There may be carnage at the open at least that what future traders would have everyone believe. Remember the rise of the Dow and the NAZ has been led by a narrow few...IDT has not participated in the ralley from 8-10K, nor has it participated in the rally of the NAZ so to generally think that because of Futures every individfual issue will be hit is indeed short sited...Byron Wein as well as some of the other geusts on friday night said they expect a sell-off of some of the tech world however, a wholesale carnage is not what they described...They were nearlly Unaminous in their thoughts that Telecommunications is the next hott sector as well as some of the financial services group.

I have absolutely no idea where IDTC will open close or what the high will be I will say however that volatility will be the order of the day and that those putting in stop losses will be taken out early and fast as the mm's can see them on the screen and will adjust the price accordingly... IDT is not going away in a flash and again as I said earlier this is only the beginning of IDT's break into the threshold of the new millennium.

cheers



To: Trumptown who wrote (4628)4/12/1999 1:17:00 AM
From: Marketeer  Respond to of 30916
 
Yep. The shorts will definitely try, and I will be there to buy the borrowed shares off their hands. Personally, I am not expecting any news tomorrow or this week for matter. Of course, like I said before, if management has the cards, they will play them.

Well, finally done reading the billions of posts you guys put up. Off to bed. Good night everyone, and good hunting tomorrow!

Marketeer