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

To: amoezzi who wrote (7817)	5/18/1999 9:48:00 PM
From: Secret_Agent_Man	Respond to of 30916

by: cowboyjmb 68083 of 68101 I found this part in the s-1 filing; Unless otherwise noted, the information in this prospectus takes into account a 10,320-for-one stock split, which took place in April 1999, and a three-for-one stock split, which is expected to occur prior to the consummation of this offering. This information assumes 4,683,129 shares of common stock and 37,042,090 shares of Class A stock outstanding on May 17, 1999. These numbers give effect to the exercise of options to purchase 1,345,219 shares of our common stock and the conversion of all outstanding shares of our Series A preferred stock into 9,420,000 shares of Class A stock upon the consummation of this offering. Each share of Class A stock entitles the holder to two votes, while holders of our common stock are entitled to only one vote. It says they are expecting a 3-1 split before the consumation of the IPO. Could this be for real? A Rookie.