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

To: xbrent who wrote (7922)	5/19/1999 10:36:00 AM
From: Hawaii60	Read Replies (1) \| Respond to of 30916

underwriter by: hawaii60 68649 of 68649You are right. Sorry, I was enthralled watching the action. I bought 4000 more shares at 29 1/16. I'm not even thinking of selling any of my May calls until later in the week and I am very confidant we are heading way North. Anyone who has been around this stock for any length of time knows the games that get played in the morning. The fact is, the mm's, the shorts. They all know how to psychologicly manipulate folks. Believe me, they know how fear works and they work it well. I can assure you that as any weak hands are selling, the professionals are accumulating today. Think about it. Other ipos get started with no partners, no alliances, no income and no profits and are valued at billions. Does anyone here really think that with partners like AOL, Softbank, GE and NBC. With Softbank sitting on our board of directors. With alliances in place with yahoo, netscape, Geo, Realnetwork, Ziff, IBM, Packard Bell, EBay etc and real income, that this ipo won't be the blockbuster of the year? Give me a break. IDT is retaining 2/3 ownership. Analysts will crawl all over each other to upgrade soon and the publicity is just beginning. So, I know it isn't easy. But, hang in there and don't sell out cheap. Unless you really have a pressing need. That is my opinion. ------------------------------------------------------------------------ Posted: 05/19/99, 10:32AM EDT as a reply to: Msg 68608 by underwriter100