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


To: David Wise who wrote (8093)5/20/1999 4:34:00 PM
From: Peter Yang  Read Replies (4) | Respond to of 30916
 
>>With all due respect, do you really expect them to meet earnings after the expenses associated with buying back $100 million of bonds, entering into a new credit facility and preparing for an IPO?<<

David,

I admit that you're probably the only person who's happy now on this thread. Did the drop of over $1 today make you recover some losses on your shorting IDTC around $18?

Is anything new from you? First you said no Net2Phone IPO, now IPO is out and you're saying IDTC is going to miss earnings?

People on the thread have brains and any attempts to scare longs to sell is kind of idiotic.

I believe the expenses associated with buying back $100 million bonds was also from the same credit facility and shouldn't affect IDTC's earnings at all.