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


To: Condor who wrote (7107)5/3/1999 5:23:00 PM
From: blankmind  Respond to of 30916
 
Is it possible they are hedging on reporting positives while the internet weakness is occuring and seeing their moment evapourated in a weak Internet market?

today's announcement with zdz, a softbank backer, clearly was not held back, and came as surprise news. internets are still up, way up for the year, and we may be seeing some rotation into the telco area where people have traditionally found value, and idtc has both the advatange of being a telco and can hedge on whether money might be flowing into voip.

seeing how we heard no news on consent, it is done deal except for the paperwork. figure an announcement should be forthcoming.



To: Condor who wrote (7107)5/3/1999 5:51:00 PM
From: Andrew H  Respond to of 30916
 
Condor, anything is possible, but I doubt it. Now that the tender is done, they just need to finalize the deals--that may take a bit more time. They will decide what they think is the best way to announce all the news.