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


To: blankmind who wrote (8948)6/7/1999 5:17:00 AM
From: rest42  Read Replies (1) | Respond to of 30916
 
Blankmind,no offense,but I don't care about Idtc's meager earnings picture at this point in its life.The company went from 22 to 19 on its missed earnings and on fairly low volume so I don't think many people actually cared except small holders and some shorts.First I look at its revnues and the minutes and then I want to see margin growth-----there was a disappointment.The drop from 30 to 22 was more the announcement of ntop let some gas out of the bubble---- add on the correction in techs and internets and this was not that unexpected.I think I warned the board the market looked pretty sad on last option expiration and that the following monday would be critical-----it was.I have been in companies that missed earnings and have been cut in half as well as companies that meet or beat earnings and still get smacked.I am a longterm investor and as long as Idtc's story looks good and its revenues and minutes keep increasing while they invest in infrastructure then I will hangout.Hopefully.the selling is over and we can form a base,get some positives out of the ntop lovefest, and start the climb up again.Good luck!