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


To: Bill Zeman who wrote (4907)4/13/1999 8:37:00 PM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
Bill, my advice FWIW, is that you don't want to get too greedy with Internet stocks, given the insane valuations they are getting. IMO, IDTC is still fairly reasonably valued here. Look at the net banking stocks or the online brokerages for example. We may see 26 again, who knows. It could possibly go lower, but we know there is a lot of very good news on the horizon. Any one of several expected news items could send this back over 30 to 35 or more in the blink of an eye. We have finalization with Softbank, another significant CI, bondholder consent and filing of IPO coming, not to mention a couple of other interesed corporate investors.

So better keep those eyes open.



To: Bill Zeman who wrote (4907)4/13/1999 8:41:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 30916
 
Bill, I think you would be extremely fortunate to get any of those prices..fibronacci or not this stock behaves Not according to book and there are external forces beyond the eyes that see. What I think is pretty much in line with what Hawaii. said...some large orders had to be filled and the necessary stops were taken out and paniic investors gave them the rest... there are alot of new players that entered the game at the 22-35 level and most prolly dont realize what's actually going on....I feel we may be on the verge of a major move and soon...how soon, I dont have the crystal ball nor do I have the cahones to try and trade or time this stock anymore... the only thing certain is change and volatility and the mins sometimes seconds which they ocur are only for the very adept with fast connections or their broker on the line or with specific instructions.. what's the next UP fibronaci # 16+35~51 or do you want to play it closer say the 24+35? ~59 and I've heard it mentioned @~60 buyout bids could begin? now there a # to consider...do me a favor and tell me what the next UP fibronacci # would be...?

cheers



To: Bill Zeman who wrote (4907)4/13/1999 8:46:00 PM
From: Snow Shoe  Respond to of 30916
 
Advice:
Softbank
Netscape
Infospace
Prodigy
Forbes
The unknown investor
I use it frequently, just like I use the Real Audio player (Like it a lot, looked at the stock and passed at$70. Damn it all!).
Blah, Blah, Blah...

This is a category killer, "Killer AP", Next Real Networks, (fill in blank with any internet stock trading over $100) staring us in the face. I see it trading at upwards of 100 Confederate Dollars a share in short order. Why not?



To: Bill Zeman who wrote (4907)4/13/1999 10:16:00 PM
From: Hawaii60  Read Replies (1) | Respond to of 30916
 
Bill, I'm sorry but I am really laughing with this one:

<With a volatile tech stock like this has become though, one really never knows. I may put in an order to buy back my shares at 25 1/4 or 26 1/4 tonight. I'll have to think about whether or not to do that or be greedy and hope for a pull back even lower. Any advice? >

The first part of your analysis though I agree with. As for the above. I say go ahead and put in your buys at whatever price you want. It is unlikely though you will get an execution though IMO. The only people who got exectuions today at those low lwevels were the mm's. Also, there is every reason to believe the company will announce some good news this week. Their favorite day to do so in the past has been on Thursday.

Good luck.