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


To: CYBERKEN who wrote (4660)4/12/1999 6:29:00 AM
From: rest42  Respond to of 30916
 
Money comes out of the box makers and it doesn't disappear!So where does it go-------to the places that are growing!Yhoo did pretty good!The good ole oil patch has been moving lately!Telco's seem to handling the market well!Remember cpq is already 20 bucks of its 52 week high of what a month or two ago!Oracle got its mouth smashed in a month ago!Dell got spit at!So all this tells me is that smart money has been moving out of the software companies and the box makers and the disk drive sector for awhile now.Now the general public is finding out what the rest of the market has known for awhile-------there is trouble in tech land!So evry mom and pop will sell today and then look around for the next wave of growth and personally,I think we are already there.I think we might even see some sort of gap up with Idtc today.I know this is a bold prediction,but with the looming rumour of an aol alliance out there and the recent confirmation of the softbank deal Idtc seems to be well positioned to make a serious run!When I see the entire oustanding shares traded in one day then and only then will i really believe that this move is over!