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

To: CYBERKEN who wrote (4668)	4/12/1999 2:51:00 AM
From: David Wise	Read Replies (1) \| Respond to of 30916

Maybe you don't understand my position. See, ZD went down over $11 since they IPO'd ZDZ about 2 weeks ago or less. Yep, ran up to $29 (sound familiar?), and on the day ZDZ IPO'd, they dropped $7. Check out MALL. Same sad story. Now these are all good stocks, but see if you can follow me here. I've said you'd probably be better off if IDTC doesn't IPO Net2Phone. Then they'd practically be known as the internet telephony company that owns Net2Phone. But when people can buy the internet entity, they skip the parent. This even though, as in ZD's case, the parent owns 80%. Yep, ZDZ's publicly traded 20% is worth more than ZD which owns 80%. Go figure! Now, you can act immature and say nasty things about me for pointing this out, but facts are facts. I once owned Zd and IDTC. I got out of ZD before the IPO, and out of IDTC too soon. But that was because I tried the internet telephone and have had to hang up and call on a regular phone all but one time. That one time I was only listening to a recorded message. Have you tried it? Probably not. And even so, Net2Phone could be worth a lot, assuming either: 1) the technology is in infancy and can improve, or 2) you just want to play a hot stock that is mentioned with Softbank in news. If the later, I hope you know when to get out before you get in!