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

To: Hawaii60 who wrote (6283)	4/24/1999 9:09:00 AM
From: Hawaii60	Read Replies (1) \| Respond to of 30916

Anybody have any info on IPVC. I have a friend who asked me to look into it and so far I don't like what I see. Thanks.

To: Hawaii60 who wrote (6283)	4/24/1999 10:02:00 AM
From: Gary Korn	Respond to of 30916

If anyone cares to help me by putting together a list of these ipo's with those dates, it would be great Hawaii, Check out: internetnews.com More specifically: internetnews.com And: internetnews.com Gary Korn

To: Hawaii60 who wrote (6283)	4/24/1999 10:04:00 AM
From: blankmind	Respond to of 30916

a link to recent internet ipo's - (35 approx) internetnews.com

To: Hawaii60 who wrote (6283)	4/24/1999 10:27:00 AM
From: blankmind	Read Replies (1) \| Respond to of 30916

depending which companies you choose, this may not be a fair comparison as to what occurs after the ipo. why? a. check institutional ownership of idtc and the stocks you compare it with. b. examine the core business that remains. idtc could be classified as a profitable clec (overly simplified and not totally accurate). examine what remains of the core biz of other after the spinoff. many rely on their value because of the stock they own in the spunoff company, not because people would own them otherwise. c. idtc has its own backbone and pops, not only that ring the u.s, but that they also have an international presence which they continue to expand (recent announcements for russia and brazil). do these other companies have underlying assets as this? d. voip designed network. who else has one, and we know from lu and cisco recent purchases of the technology, other phone companies will be upgrading their networks. does idtc's backbone represent a prime takeover candidate? do these other companies have a core asset competitors covet? currently the idtc voip backbone could easily justify the current stock price. e. idtc is the clear leader in pre-paid phone cad biz. do the other companies you compare it to lead in an area after the spin-off? f. the voip switch that idtc has developed and deployed represents another possible spinoff or asset sale to a major hardware maker behind in voip development, cico paid 2 billion for geotel (voip technology). g. the n2p product to be spun-off is vertically integrated into the idtc backbone, do other spinoffs still have ties to the parent? h. finally to belabor a point, idtc has great institutional ownership and own a bacbone designed for the next internet wave n2p which analysts have not valued yet. do the others you compare it with possess these type of values after the ipo? only if we see astronomical rises in idtc, should we have major selloff after the ipo of n2p. but currently idtc represents an undervalued stock without the n2p spinoff. we have seen people compare idtc to other companies which have done spinoffs and then sold off, but the underlying company that remained did not have many redeeming qualities left, unlike idtc. good luck in your comparisons, we all look forward to your findings.

To: Hawaii60 who wrote (6283)	4/24/1999 6:04:00 PM
From: Snow Shoe	Read Replies (2) \| Respond to of 30916

Have you heard of the INTERNET PHONE JACK? I just found it while searching for a better head set. The paragraph below is a quote from their website. I find the discussion of how ICQ and Net2Phone are going to work as one seamless application TO BE SIGNIFICANT NEWS. Why wasn't this a press release from IDTC!!! Over 10 million people use ICQ. Charging for calls when people aren't on-line would allow AOL to generate revenue from this service along with Net2Phone. Sounds to me like there is no option but for AOL to be the other major investor as they own ICQ. BIG NEWS RELEASE FROM OBSCURE WEBSITE: "The Internet PhoneJACK just got smarter. We've added new features that make calling from your PC to any other PC or telephone around the world even easier. Now you can use your ICQ number as a universal contact number. Simply dial an ICQ number or Speed Dial and the Internet PhoneJACK will make the lowest cost call for you, automatically. Your call is first attempted by your PC-to-PC application. If the person being called is not on-line, the Internet PhoneJACK automatically routes your call over the world's leading PC-to-Phone provider, Net2Phone, and delivers the call over the normal telephone. Using Net2Phone for International calls can save up to 95% of your long distance communications costs. No special equipment required to receive a call." SOURCE: www.quicknet.net

To: Hawaii60 who wrote (6283)	4/24/1999 7:45:00 PM
From: rest42	Read Replies (1) \| Respond to of 30916

Hawaii,if I were you I would look at Navarre,Ziff-Davis,Dbcc.This should somewhat explain a trading pattern.None of the above though are in an industry like Idtc.I think we might be breaking new ground here to be honest.The above companies were spinning what they had already been spinning.Internet telephony is probably the most exciting thing I have seen ever.Whether Idtc is the one or not,I will be an investor somewhere.Idtc just has such a beautiful story so far!

To: Hawaii60 who wrote (6283)	4/24/1999 10:58:00 PM
From: vinh pham	Read Replies (1) \| Respond to of 30916

hawaii, i found that TrueNorth Comm (TNO) case may help us to believe that IDTC might not drop drastically after N2P debut. prior to the actual filing for MMPT's IPO, TNO experienced a slight run-up (from Yahoo chart i guess it was a little less than 10 points) and gave back after the IPO (due to profit taking? market's unfavorable conditions?) on Feb. 5. However, 3 weeks later TNO climbed back up to its pre-MMPT-IPO price because it was fairly valued back then. a parallel line can be drawn between TNO and IDTC if only we know what a fair value for IDTC is. i believe when upgrades are released IDTC will be fairly determined as pre-N2P-IPO, thus would be sustained after IPO. in other words, the upgrades are of utmost importance. p.s. i do not have intimate details of TNO and MMPT prior and after IPO. the above observation was based on yahoo chart and business news releases. if i am incorrect, please advise.

To: Hawaii60 who wrote (6283)	4/25/1999 6:46:00 AM
From: wl9839	Respond to of 30916

Net Patterns Turning up inefficiencies in a crazy market (From this week's Barron's) By Michael Santoli It's become axiomatic that Internet stocks and the investors who chase them are operating outside the market rules as rendered by traditional analysis. But now, not much more than a year into the foaming-at-the-mouth phase of the 'Net-stock craze, some patterns are discernible. Trading opportunities of use to option players are the result. Leon Gross and his derivatives strategy team at Salomon Smith Barney believe they've come upon a potentially profitable abnormality in the behavior of the stocks and options of companies that move to sell or spin off a piece of their Internet business, a maneuver fast gaining favor among companies that see unmined gold within certain subsidiaries. It seems that when a company announces plans for an initial offering or spinoff of part of a 'Net business, investors bid up its shares aggressively and pile into the options, driving the implied volatility levels of those options way up. But once the deal is done, all attention turns to the new, pure Internet stock, the parent company's stock tends to sell off, and the implied volatility -- the key component in an option's price -- collapses. Gross looked at four recent such deals, all of which followed the above script. He's now counseling clients to look toward future deals like this -- buying call options on the parent when the IPO plans gear up and holding them until the deal closes, thus benefiting from both the expected rise in the share price and the fattening of the quoted option prices. Then at or near the IPO date, the calls should be sold and perhaps additional calls shorted to reap profits on the likely drop in both stock and volatility. The most immediate opportunity to deploy this strategy is presented by Barnes & Noble, which is slated to sell a piece of its online bookseller, probably in May. Farther down the road, traders will have the chance to play Compaq and Donaldson Lufkin & Jenrette, which are both planning similar moves with their Internet businesses. Gross says traders should wait until papers are filed with regulators for each deal before setting up the call position. Jim Herrell, who runs Point Break Trading Group in Santa Monica, California, has been mining another perceived inefficiency in 'Net options: their engorged implied volatilities. He says it appears that because the stocks are so jumpy and illiquid, they carry outsize premiums that he likes to take in by selling options and using the cash as either a cushion or a potent fuel for buying or shorting into momentum moves in the stocks. Herrell notes that this short-term tactic is available because the Wall Street dealers who'd normally make a deep market in these options and bring the premiums down have raised the white flag, unwilling to shoulder the risk of playing for potential profits that in the grand scheme of things aren't that big for a huge firm. Smaller players like Herrell figure they're taking money the big guys are leaving on the table. He says he waits for the big upside or downside crescendos that the sector produces regularly, and trades across a basket of volatile names to avoid the kind of off-the-charts moves in an individual stock that were described here last week. In the end, the abandonment of merger talks between Nasdaq-Amex and the Philadelphia Stock Exchange was a real surprise only to those who truly believed that Brooke Shields and Andre Agassi had a "til-death-do-we-part" marriage. Local politics in Philly and deteriorating economic logic foreshadowed by the coming of electronic options trading finally did the deal in. What the parting really shows is that, with less than a year to go until the all-electronic International Securities Exchange goes live, the exchanges have recognized that their markets have to become better and more efficient. Nothing like a highly touted young rookie in camp to motivate the veterans to get in better shape. In this case, it probably means a net gain to option investors everywhere, as exchanges vie to lower costs and maximize volume.