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


To: Hawaii60 who wrote (7504)5/11/1999 11:44:00 AM
From: blankmind  Read Replies (2) | Respond to of 30916
 
hawaii, were you were surprised about how much idtc put into one announcement? i wanted 1 prior to earnings, and maybe 2. but 3, 4 and 5 caught me by surprise. even if they release nothing prior to earnings, they have kept the ball rolling on this announcement. don't get me wrong we all want to know who is behind 4 and 5. i just found the consent more important right now, because of the doubts it left.

1. IDT Consummates Tender Offer

2. Secures $150 Million in Financing

3. Positions Company to Pursue Financing for Net2Phone

4. Net2Phone has executed a term sheet with more than one significant strategic investor relating to an investment in Net2Phone's equity securities

5. Net2Phone is negotiating with other significant investors



To: Hawaii60 who wrote (7504)5/11/1999 11:58:00 AM
From: Jules B. Garfunkel  Respond to of 30916
 
Why?
What are your reasons for opinion, "up sharply this afternoon"?
Jules



To: Hawaii60 who wrote (7504)5/11/1999 1:34:00 PM
From: xbrent  Read Replies (1) | Respond to of 30916
 
IDTC does have many pattern daytraders who sell/short the spikes and buy/cover the dips. Any serious news or speculation about news and the pattern traders will freak. No fun being short when IDTC breaks out. IDTC can fly from 27 to 30 in literally a few minutes. When the shorts throw in the towel we could spike 5 points within an hour or so, IMO. I assume that some would again try to pattern short again at a new level, say 32 for example. This will make for very interesting trading as we could return to the mid thirtys just as easily if investors think that $40 plus is just around the corner. Plus the momentum day/near term traders are very familiar with IDTC. They were heavily involved in the last major run up.



To: Hawaii60 who wrote (7504)5/11/1999 4:26:00 PM
From: zx  Read Replies (1) | Respond to of 30916
 
great call. i wish i would have listened better.



To: Hawaii60 who wrote (7504)5/11/1999 4:41:00 PM
From: blankmind  Respond to of 30916
 
we want sharper:-) i need no survey. congrats on another successful call, but what else is new?

Stock will be up sharply this afternoon IMO



To: Hawaii60 who wrote (7504)5/11/1999 4:45:00 PM
From: HiwayTrader  Respond to of 30916
 
Thanks for the subtle hint earlier today. I actually increased my position 20% based on your remarks and a gut feel of my own.



To: Hawaii60 who wrote (7504)5/11/1999 4:51:00 PM
From: Jules B. Garfunkel  Respond to of 30916
 
H,
I don't know how you did it, but it was a GREAT TIMELY CALL.
Thanks!!!
Jules



To: Hawaii60 who wrote (7504)5/11/1999 6:01:00 PM
From: limit  Read Replies (1) | Respond to of 30916
 
Mr. Hawaii60,

Thank you very much for all
of the information you provide us
with. Your posts helped myself and
several friends to look into and invest
in IDTC.

We are smiling in Minnesota!

Regards
limit

A real classic:

Message 9461830