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

To: Hawaii60 who wrote (6281)	4/24/1999 7:05:00 AM
From: rest42	Read Replies (2) \| Respond to of 30916

At issue with your Golden Cross------If you noticed,the other stocks you have highlighted 200 dma were either ascending or they were somwhat flat prior to the crossover.As I see Idtc,its 200 dma was descending into the 50 dma.This tells me that the fundamentals that were driving the stock for the previous 150 days have been negative.The upturn over the last 50 days has all been news driven and as a result,I would expect Idtc's chart to reflect further news events in the shorterm whether its positive or negative.Shortterm I think we are in excellent shape,but longterm unless there is an improvement in the companies financial situation,I would expect to see these averages with any news events factored out to return to a negative spiral!I love the idea of Idtc,but I love the news frenzy we are in better!