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

To: peter michaelson who wrote (8273)5/24/1999 1:35:00 PM
From: gerard mangiardi  Respond to of 30916
 
Not too surprised by today's action. After giving a lot of thought over the weekend it struck me that the stock will have to test a support between 20-22 area before we get sustained upward movement. Market is telling us that earnings will disappoint probably due to the bond tender and filing preparation for ntop. Sitting long and patient.



To: peter michaelson who wrote (8273)5/26/1999 1:16:00 AM
From: Gary Korn  Respond to of 30916
 
Suddenly, my June 22 1/2 naked puts are looking like they will get assigned. If that is the case, so be it. If the stock gets assigned to me, I'll write covered calls til the cows come home. The company's fundamentals haven't changed, as best as I can tell, and its valuation should only improve with the inevitable IPO of NTOP.

Gary Korn


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