and here's part 2:
Courter, Part Two
by: mrpcap1 (55/M/Rockville, Maryland) 73421 of 73492
- VOIP QOS issues were being addressed in a very satisfactory manner, helped by NTOP's ability to use IDT's "managed" lines.
- IDT's other business activities were also doing well, noting that IDT was a major international "carrier."
- He announced a new IDT "Debit Card" internet service, which he described as a "rechargeable CD" which would be sold for $10 for 30 days of initial service. (Note: Curiously, Courter did not mention any unique Spanish language connection for this new service, such as was the focus of today's IDT press release.)
Courter's basic thrust was very upbeat and his other comments were generally in line with previously known statements. He did not seem concerned about competitive pressures, implying that he was confident in both IDT's technical and business competence as well as the fact that the rapidly growing IP telephony market would make money for all participants, particularly those with a more modern and efficient business/technical model, such as IDT.
At the end of his speech, Courter flashed (too briefly) a chart which diagrammed IDT's "Strategic Vision." I couldn't get a copy, but was informed that the Expo's website will soon have a copy of all the keynote speeches. If I'm not mistaken, the chart struck me as eerily similar to KSE's recent idea's about IDT's strategic connections for the future, beginning with the NTOP IPO (but I could be wrong here).
In a separate visit to the IDT/NTOP display booth, I was informed that IDT hoped to complete the NTOP IPO by the "end of July." In an interesting prelude to the Nuestra Voz announcement, a gentlemen from the Dominican Republic marched up to the booth and said "show me." The attendant then dialed in the number of the gentleman's family using the NTOP software on the PC at the booth and within seconds he was talking directly to his aunt in Spanish. Chalk up another convert!
I roamed around a bit more soaking up the general VOIP fervor of the collected masses at the Expo and trolling for other signs of IDT's "strategic connections." Didn't learn much more, except for an intriguing (but unconfirmed) comment by a Microsoft rep at their IP telephony "partnering" booth that she "thought" that IDT and Microsoft had held discussions on possible partnering arrangements.
Bottom line for this admitedly biased observer is that the future of IDT and NTOP looks very secure, despite the obvious failure of Wall Street to yet understand the new IP telephony business model being created as we speak by IDT and a host of other companies.
(Full disclosure: I'm long 4800 shares and have been accumulating steadily since last fall. Average price: 20.2. Today's downblip doesn't bother me a bit.)
Regards to all,
Marv from Rockville
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