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

To: gerard mangiardi who wrote (8911)	6/4/1999 2:43:00 PM
From: Condor	Read Replies (1) \| Respond to of 30916

Couldn't imagine the calamity if the Dow and Nas had dropped even 1 % today.

To: gerard mangiardi who wrote (8911)	6/4/1999 2:48:00 PM
From: Tibor	Read Replies (1) \| Respond to of 30916

I think the unfaithful shareholders have capitulated by now. I have a hard time seeing IDTC going sub 18, because the MMs would see more buyers than sellers. And they dont want that. With respect to market cap. this is one of the best values I can see. Consistent double digit revenue growth, margin improvement in every sector, annualised sales based on last Q of 800m, a 60% stake in a net IPO ($300m value on offer price). Dont expect the upgrades as yet. Or a sudden move up. Shorts are quietly covering, MMs accumulating for themselves and their clients. Only then will it move up.