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


To: blankmind who wrote (7360)5/6/1999 1:49:00 PM
From: vinh pham  Read Replies (1) | Respond to of 30916
 
blankmind, talk about putting pressure on Craig! 500K shares! lol
i'd suggest that Craig buy 50K for a start and loan me the rest of his money so i could buy the remaining 450K shares.



To: blankmind who wrote (7360)5/7/1999 8:46:00 AM
From: vinh pham  Read Replies (1) | Respond to of 30916
 
here's a possibility of 500K shares buy. somebody needs to call Jim Clark about IDT's backdoor to N2P's IPO.

<< Netscape founder banks on Net IPOs
By Bloomberg News
Special to CNET News.com
May 6, 1999, 4:10 p.m. PT
SAN FRANCISCO--Netscape Communications founder Jim Clark said the bulk of his personal investments is in Internet companies, because he expects them to be among the top-performing stocks in the next three or four years.

Clark, who Forbes magazine estimated was worth about $435 million in October, said less than 10 percent of his portfolio is in "more conservative" investments.

"I'm more than willing to make bets [on the Internet], because that's where I think money is going to be made," Clark said in an interview.

Internet stocks have fallen in recent weeks, pushing the Bloomberg U.S. Internet Index down 22 percent since April 13 amid concern that many online companies' earnings prospects don't justify their high valuations. Clark said he still has confidence in the group.

"Some of these companies are going to be huge, big, long-term players," he told the Bloomberg Forum. "That's where most of my investments are, because I have such absolute faith in that." >>