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


To: blankmind who wrote (4650)4/12/1999 12:27:00 AM
From: Hawaii60  Respond to of 30916
 
No matter what happens tomorrow I'm sure of one thing. Most everyone is viewing it as a buying opportunity. That being the case, do not expect there to be "carnage" in the nasdaq. Further, IDTC just sold over 6M shares at some pretty lofty prices. Those folks are not going to be selling tomorrow in any volume. They are hear for the upcoming deal. Unless something just off the wall occurs. I would expect an even to upday tomorrow.



To: blankmind who wrote (4650)4/12/1999 1:01:00 AM
From: Hawaii60  Read Replies (1) | Respond to of 30916
 
Hey, maybe internets will be partying tomorrow?

biz.yahoo.com



To: blankmind who wrote (4650)4/12/1999 1:15:00 AM
From: David Wise  Respond to of 30916
 
Blank, I would expect the CPQ news to pull the market down heavy on NASDAQ. But of course there will be other earnings out that could counter this during the week. With the internet hype and Softbank news, I, the most skeptical of all posters, would have to say that any significant drop in IDTC tomorrow is a buying opportunity.

I won't be buying, but I won't go over reasons I've already posted. If I did, I'd still follow my old advice and not hold it until the IPO. I still think it'll follow ZD and MALL's lead after their IPO's of ZDZ and UBID. History does repeat itself!