Is Howard Jonas, Bastion of Modern Orthodox Philanthropy, Captain of the Sinking Ship of IDT?

There comes a point when you must take a look at what will happen to certain Jonas-supported modern Orthodox Jewish institutions as Howard Jonas' Good Ship IDT continues to sink.

IDT has lost more than 80% of its market capitalization value in the past year!

Tune in tomorrow to hear the explanation.

IDT Corporation Chairman Howard Jonas to Address Shareholders on June 19th

NEWARK, N.J.--(BUSINESS WIRE)--IDT Corporation’s founder and Chairman of the Board, Howard Jonas, will host a conference call to discuss the company’s recent performance and current financial position, and to reaffirm its commitment to meeting the financial objectives set forth during the third quarter’s earnings call. The call is scheduled for Thursday, June 19th, 2008 at 4:30 PM (Eastern).

Participants may join the conference call in two ways–via webcast or teleconference. The webcast may be accessed by visiting the IDT Corporation website at www.idt.net, or by using this hyperlink: http://www.investorcalendar.com/IC/CEPage.asp?ID=131102