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


To: Burton Waxman who wrote (8934)6/5/1999 1:25:00 AM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
>>I do not understand the lack of reaction to the patent/monopoly/royalty of this announcement. Anyone have any estimate as to the financial impilications.<<

Unfortunately, the company gave us no clue as to its possible effect on the bottom line.

>> Of course I would like to know the price that Softbank, GE, etc is going to pay for their shares of the IPO. Maybe someone does, and that's the reason for the lack of price appreciation in IDTC.<<

Everyone knows--it is in the S1--they are all paying $3/share.



To: Burton Waxman who wrote (8934)6/5/1999 11:29:00 AM
From: blankmind  Read Replies (1) | Respond to of 30916
 
idtc never seems to attach monetary amounts to there coups. they released the news the same day they announced earnings, and story got buried, they should have waited until next week.