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


To: Bill Zeman who wrote (4806)4/13/1999 1:25:00 AM
From: Tae Spam Kim  Respond to of 30916
 
I expect IDTC to continue to run as the Net2Phone IPO is imminent.

Remember Net2Phone may push IDTC upwards in the same fasion as Real Audio/Video did with Real Networks.



To: Bill Zeman who wrote (4806)4/13/1999 2:42:00 AM
From: blankmind  Read Replies (1) | Respond to of 30916
 
i certainly would never call you naive, nor can we prove/disprove it was softbank story which provided momentum that kept idtc over 28. the market turned decisively around early on, as did idtc. as futures did not improve after europe opened, and as we know idtc moves down easily on most days (light volume) to take out stop losts. after having seen idtc move to 28 on such small volume, i thought we would have corrected had the markets not turned around. we have new people who recently purchased idtc, and i am sure the stomachs were turning and insticts were suggesting to either sell with a small loss, or prevent massive bleeding until things turned so quickly.



To: Bill Zeman who wrote (4806)4/13/1999 3:43:00 AM
From: blankmind  Read Replies (1) | Respond to of 30916
 
you want another theory? people have been purchasing the wrong stock.
they have been purchasing itcd instead of idtc, at least i hope it is not us who have been purchasing the wrong stock. wait for these people to dump and jump into the correct symbol.

itcd was up 8 to 33 on monday and has a similar chart to idtc recently.

quote.yahoo.com

ITCD provides long distance services to mid-sized and major regional businesses in the Southern U.S. and is a regional provider of wholesale long-haul services to other telecommunications companies... - biz.yahoo.com



To: Bill Zeman who wrote (4806)4/13/1999 12:58:00 PM
From: Steve Fancy  Respond to of 30916
 
Dunno Bill...I think you had the right idea. 22 may be a tad low, but sure is looking like the Softbank rumors carried over to Monday. I'll pick up my second half at 24-26 if it goes that low.

sf