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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (2369)5/27/1999 10:07:00 AM
From: Rainy_Day_Woman  Read Replies (1) of 2662
 
Company Press Release

Stock-Tipper.com Announces Investment Opinion on Teltran International

NEW YORK--(BUSINESS WIRE)--May 25, 1999--Teltran International (OTC BB:TLTG - news) today received a Strong Buy recommendation from Stock-Tipper.com, an independent advisory service. The recommendation can be found on either Stock-Tipper.com or Teltran.com and includes the following Stock-Tipper.com target information:

''Target: With the fine structure of Internet Related and telecommunication Services and this mixed with global messaging services we feel that TLTG is extremely well positioned for the future. If we would only rate the web portal teletran.com with its current click ratio a price of slightly above $10 is already justified; then we need to rate the other services like the promising VoIP, Telecommunication services, etc.

''We feel that TLTG can achieve revenue growth of $30 million and earn .30/share for 1999 (coming from zero growth) and between .60 - .65/share. Let's make some calculations;

1999 EPS E 2000 EPS E 2000 EPS E
PE 0.30 0.60 0.65
10 $ 3.00 $ 6.00 $ 6.50
20 $ 6.00 $ 12.00 $ 13.00
25 $ 7.50 $ 15.00 $ 16.25
30 $ 9.00 $ 18.00 $ 19.50
40 $ 12.00 $ 24.00 $ 26.00
50 $ 15.00 $ 30.00 $ 32.50
60 $ 18.00 $ 36.00 $ 39.00
75 $ 22.50 $ 45.00 $ 48.75
100 $ 30.00 $ 60.00 $ 65.00
''We leave it up to you to pick your favorite PE for either telecom companies (Avg. greater than 35) or for Internet stocks (Avg. greater than75). So you can pick your own target. We do not want to forget that the PE for BB/NASD stocks on average is lower than those traded on the NASDAQ but we feel that it is only a short time from today before this pearl will move to the NASDAQ and get the market recognition that Teltran deserves.''

''Action: We will take in TLTG at $4 a.s.a.p. to get the stock dividend (rec. date 5/30, pay. Date 7/1).''

Teltran also announced today that they are changing the date of record for their 5% stock dividend due to the fact that May 30 is a Sunday and May 31 is Memorial Day. The new date of record for the 5% stock dividend will be Thursday June 3, 1999. All stockholders of record on June 3 will receive the 5% dividend on July 1, 1999.
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