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


To: S Wall who wrote (7120)5/3/1999 10:15:00 PM
From: Peter Yang  Read Replies (1) | Respond to of 30916
 
Why IDTC didn't move up today in spite of a piece of good news?

"It's the spin-off, stupid!", said the street.

As long as IDTC management holds off the news about the spin-off or keeps silent about the progress of the IPO, the stock price will not move up, even with the news of major deals like what was announced today. I really hope IDTC management doesn't miss a very good opportunity and therefore also make us, the share holders, too late for the party.