SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Hawaii60 who wrote (7971)5/19/1999 3:21:00 PM
From: HiwayTrader  Respond to of 30916
 
Well the PR has been pathetic, but i'm holding. I think it gets better going forward, and the weak money is out of the stock by now. I would bet we are up tomorrow.



To: Hawaii60 who wrote (7971)5/19/1999 3:32:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 30916
 
Hawaii, again, you did an excellent job figuring out the pieces. Problem is that when a story has been around so long, and talked about so much, they invariably sell on the news. In this case there were a couple of names yet to be released. I had hoped anyone big may have provided another run as this stock seems to have on any potentially significant news. Unfortunately, as soon as those patterns appear obvious, they quite often go away. Looks like no institutional interest today. Either they're waiting more details, or as several analysts speculated earlier, the stock is fully valued at $30.

Maybe as the story gets more publicity and more details become available she'll take that run to 40. I'm going to hold a couple more days, but with June options don't know that I'm sitting through earnings warnings and risk impact of IDTC earnings.

But what the heck, you've made a killing on the run from 12 right?

Good luck,

sf



To: Hawaii60 who wrote (7971)5/20/1999 12:27:00 AM
From: David Wise  Read Replies (2) | Respond to of 30916
 
Hawaii, I see you still have trouble telling the truth. I haven't posted 50 times in the 3 months I've been around. You meet this volume in about 3 days. Also, I never said there wouldn't be an IPO, which anyone who is half honest (obviously not you) will admit. I said that was one of several alternatives, just as the company itself said. You also will remember trying to make a bet with me on this. I told you then that I had not said there would not be an IPO, just that I thought it would be better for shareholders if there wasn't, unless they were going to distribute shares, which, as you see, they are not. Unfortunately you'll be one who holds until the value of Net2Phone is gone in an IPO and, I predict, will start blaming management openly on this same chat line.

Sorry if you averaged up unwisely. You probably had a much better gain before buying more in the $30's.