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


To: Andrew H who wrote (4728)4/12/1999 11:07:00 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 30916
 
And you told me to ignore the sour grape!!!

David is a loser.

Jane

GO IDTC!



To: Andrew H who wrote (4728)4/13/1999 10:37:00 AM
From: David Wise  Read Replies (1) | Respond to of 30916
 
Re: "sour grapes", yep, AXC is over $7 today. On April 3 when I told you about it you could have bought for 2 3/4. See my post #3370. But hold on to IDTC. I think it's a good stock to own, unless they split off a part and don't give you anything in return.

In the mean time you might still check out AXC. After this run up, it might slide some, but if you can swallow those sour grapes long enough to look, here's what I see them doing. They have part ownership in 2 internet streaming video sites (AENTV and TVontheWeb). They are developing: 1) video content 2) video web sites and 3) they have the mass storage capacity technology required of streaming video in-house (Ampex). What this leads up to, IMHO, is the first true WEB NETWORK. I haven't heard anyone mention it in these terms, but putting pieces together, that's how I see it. And for some good reason they've run up another $2 (about 40%) just today.

Hey, I like IDTC. Told you that all along. Owned and sold it too soon. But made a profit. I seldom buy a company back that I've sold. Within 2 years I think IDTC could be at 4 times todays market cap (about $3 billion)if they don't sell Net2Phone to the Japanese. OR if they get enough for it to develop other technologies.