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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 38.54+2.4%3:59 PM EST
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To: Stock Watcher who wrote (5521)4/5/1999 10:13:00 AM
From: Dave Gore  Read Replies (2) of 52051
 
Good NEWS from one of our favorites:
30 cent per share earnings or more, and stock moving a bit now. Major new contract for **TLTG**

(COMTEX) B: Teltran VoIP Service Announces Third Major Agreement
B: Teltran VoIP Service Announces Third Major Agreement

NEW YORK (April 5) BUSINESS WIRE -April 5, 1999--Teltran International
(OTC BB:TLTG) announced Monday that a third agreement has been signed
with a major US telecom carrier to provide international termination of
voice, fax and data transmissions using Teltran VoIP Service.

The agreement is for one year with automatic renewal. "After all
installations are completed we fully expect to be transmitting
approximately 5 million minutes per month from the three contracts we
have signed. The $12 million in annual revenues that we will realize
from the contracts will give Teltran a base from which to grow as new
countries are added to the TVS network," said Peter Biagioli, Teltran's
vice president - Sales & Marketing.

"It appears as though we are on target to meet or even exceed my
earlier projections of revenue in excess of $30 million annually and
earnings of $0.30 per share," said Byron Lerner, Teltran's president
and CEO. About Teltran
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