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

To: blankmind who wrote (7610)	5/12/1999 5:50:00 PM
From: Secret_Agent_Man	Read Replies (3) \| Respond to of 30916

Management is taking their time on whatever they are doing however, they have failed to committ or articulate clearly what their plan is going forward...only hints no outright declaration. This presents a problem, unlike Ray Cuello, I don't see management fully and "irreversibly" committed to an IPO, furthermore, the longer they delay the more price depreciation we will experience, now what would have been idea since they admitted to cbs in their interview that they were in "talks" with AOL and ATHM, would have been to support the obvious move up that such a statement would cause but, rather than do this they have left some new folks who may have climbed on board hangin' in the wind. This to me was in poor taste, I'd rather had them no comment rather then make such a statement then not be able to support it with some factual release...it's not about wanting news on a daily basis, heck they drug the bonds out for three and 1/2 months and dont give me any flack about well, all the hurdles are cleared either because, that would mean it's "imminent" which is the biggest fauxpau since day one...the next worst word is the "soon" word designed to keep folks hangin' on for what?, now we are being mis-directed to ISP stuff which, is deflectionary at best and detracts from the reason many are here...IPO! I tell you had I had been in today I simply would have not sat thru the drop albiet only 75 cents it's the principle of it and the lack of follow-up by the company that has me disturbed, Yes I was here since september, and believe me this is a while to be waiting, but, I have some gains and would advise anyone with gains to rethink this companies poilicy for keeping us Informed. No amount of Rah Rah, or misdirection to other facets of IDT is going to help this company until the get about the business at hand mainly IPO and stop with all the delays, surely If they have "deals" on the the table they could close them this is taking months or perhaps they could tell us who has signed term sheets or whatever but, this not knowing the disclosed plan and leaving it all up to imagination is taking it's toll not only on me but others I am sure...This dissertation is not meant as a capitulation to the shorts either for they are vile and crude creatures which only seek to capitalize on the woes of others...it's about Integrity and IDT is losing some of that daily when they admit but dont commit! One final note , I am not selling my position at this time however, I will be watching intently over the next 2 weeks to see If this company is worth more than just the great long distance or whether they can actually go the LONG DISTANCE of a worthy Investment vehicle, I know that I bought IDT not for the IPO but for VOIP and all it's potential and Promise that it;'s future holds the question remains, clear articulation of plan and direction with decisiveness that deserves to be a Long term investment. cheers