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


To: md1derful who wrote (8792)6/3/1999 11:09:00 AM
From: blankmind  Read Replies (1) | Respond to of 30916
 
remember when idtc disappointed last time on great revs? same rational, focus on .06 instead of .08. this time we went to sub 20, instead of sub 10. clearly some people are looking past the .06 and examining what is under the hood.



To: md1derful who wrote (8792)6/3/1999 11:19:00 AM
From: Steve Fancy  Read Replies (1) | Respond to of 30916
 
Hey Doc, this was another example of a no-brainer gone bad...kinda like Brazil last year. One of two stocks with red on the screen today. No-brainers seem to rarely pan out. So far today 2 block trades totaling 25K...both at the bid or below. They ain't buying yet. IMO, at this point there is not much reason to believe the IPO will do a whole lot for IDTC. Likely it's going to be a "show me da money" the situation.

I'm as disappointed as anyone as I picked up some June 20 calls yesterday. Will hold as long as she's trying to eek upward...maybe she'll surprise us yet over the next day or two. Won't hold much longer than this Friday as tech warnings could pressure the DAQ to that 2300 level yet.

Good luck to all.

sf