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

To: md1derful who wrote (7409)	5/7/1999 11:00:00 AM
From: Augustus Gloop	Read Replies (2) \| Respond to of 30916

<<Pardon me oh great one>> Why the sarcasm? MD In most cases selling off on low volume is bad. Selling off on high volume is bullish as it means that you are more times than not coming close to a low.

To: md1derful who wrote (7409)	5/7/1999 11:18:00 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 30916

Doc, as I have maintained the internet craze appears to be slowly (at least for internet stocks) fizzling as many of these stocks have already corrected significantly and the IPO fever looks to be leveling off. I thought they may consolidate here for awhile, but they continue down. IMO, early next week will be telltale of short term direction. If after sleeping on these internet losses over the weekend Joe investor comes back to the market and continues selling...maybe after a bump up by the dip buyers, we could have significant additional downside in this sector. To the point...I am taking my exit target down to anything over 35. The best we may do on this one shorter term may be the recent high of 36 something. Based on analyst comments that IDTC may be fully valued in the 27 range with the IPO factored in, and waning enthusiasm for internet stocks with out-of-this-world valuations, I don't know I want to be here for earnings. I think this stock may have seen the majority of any shorter term gains. I realize I'll probably be flamed again for this post expressing my feelings, but have determined that many here just can't deal with the voice of reality which has been generally more accurate with predictions than anyone else here. Appreciate any objective comments...won't respond to the flamers. sf