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


To: David Wise who wrote (6729)4/28/1999 12:53:00 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 30916
 
I can see your logic...now lets see if mine makes any sense.

IPO Net2phone....IDTC retain 51% of the stock. Shareholders get no shares (bummer I know) but they do get the benefit of IDTC being a holder of a stock that at least initially (If the internet market is solid) should run fairly wild. In a sense it's like CMGI. They just become a birthing center for sector related IPO's.

Make any sense?



To: David Wise who wrote (6729)4/28/1999 1:24:00 AM
From: Hawaii60  Read Replies (4) | Respond to of 30916
 
David,

To put this discussion to bed, so to speak. I will bet you $5000 that there will be an IPO of net2phone. If you are in agreement I would ask Andy to hold both yours and my funds which would be forwarded immediately to him and released to the winner.

Please let me know ytour decision. If you feel as strongly as you must given all your posts. Why don't you put your money where your mouth is.



To: David Wise who wrote (6729)4/28/1999 6:37:00 AM
From: orkrious  Respond to of 30916
 
Now if you would also look at the possibility that Net2Phone would be IPO'd without shareholders of IDTC getting anything,

That's impossible. IDTC shareholders own N2P now, since it is part of IDT. IDTC can't just spin it off without giving it to shareholders unless they sell it for cash and keep the cash. It's just impossible.

Jay