I'm asking Evelyn Wood for a refund. While I've read many filings cover to cover, I glossed over the sharelholder letter.
As for the strategy of such a move, I don't endorse it. Telecom is IDT.... login to read the rest
Page 1, paragraph 3
Dear Shareholder:.... "After IDT Telecom achieves profitability, I expect, subject to market conditions, to offer shares of it to the public."
Where in the 2001 Annual are you getting this impression? What page?
As far as the FON/WCOM/T results, look at it this way. IDT has a cost structure designed to profit in this environment. Traditional carriers... login to read the rest
I was not aware of the recent media coverage in the Times, but I guess the IDT story makes a good sidebar to GX, Winstar, et al.
I can't quantify any value or probability on the... login to read the rest
You might want to read the 2001 Annual Report, particularly Howard Jonas's letter to shareholders. I think the motivation is that Jonas feels he is getting a zero valuation for the business now. By... login to read the rest
Jonas is quoted in last Monday's NYT as being interested in Global Crossing's Frontier. I thought long distance rates were dropping fast and everyone wanted out of that segment, so I'm surprized he's talking... login to read the rest
I've not come across any info regarding a potential spinnoff. It may have been old talk, but there is nothing in recent conference calls or filings to indicate anything other then IDT forging ahead as... login to read the rest
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