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


To: Jane4IceCream who wrote (4957)4/14/1999 10:30:00 AM
From: SpecialK  Respond to of 30916
 
Smart person that sold April 25s at 9 1/2.



To: Jane4IceCream who wrote (4957)4/14/1999 11:31:00 AM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
Great post by KSE on Yahoo thread, who is normally farily cautious:

>>PMPT Today Is My Last Trading Day
by: kennedy__style__entrepreneur 46893 of 46910
Today was the last time I will sell
any IDT until the ipo. I sold my
entire position at 30 1/4 and bought
it all back in the high 27's. I
will now hold on to every share
with unshakable resolve until the
major news is announced and very
possibly much longer.

There is some chance that we take
one more dip, and if we do I will
be buying to increase my position
significantly.

I waited this morning until I sensed
that the weak hands were about to
cave, that the market makers were
going to try to take it down, and
that they would have one of the
mini selloffs I have predicted.

Every second I was without stock my
worry was that it would suddenly
bolt up significantly and I would
have to buy back at a higher price,
which I would have done.

Today I believe will represent the
last buying opportunity. At the
latest, by mid afternoon on Friday
there should be a major run up.
Softbank has said clearly and on
the record that they hope to close
the deal by next week. A Monday
announcement is certainly possible
and next week sometime is highly
probable. So very soon the buyers
will be coming in, big time.

Whatever the low for today turns out
to be, and we may have seen it, it
could easily be the final buying
opportunity before a major move up.
The next major move up could come
at any time and it could well be
permanent.

My selling and trading has ended. I
am now a holder and potentially a
buyer. I know some people will be
unhappy with what I did, but I have
repeatedly posted my analysis, my
strategy and where I am going with
this.

Investors, I have warned you again
and again not to sell cheap. Dont
do it! If you do any more lowball
selling I will be delighted to be
a lowball buyer. Any who sells
low is crazy. But be warned that
my greatest hope is to steal some
of your stock for grand larceny
prices, and if you let me, I will
do it.

My advice to all is that if you even
see this stock in the 27's for a
minute, grab it. Then do what I
am going to do from here on out,
which is to sleep with my idtc stock
under my pillow until The Big One
comes, and we make a run for 40 and
beyond.

regards,
kse <<