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Technology Stocks : IDT *(idtc) following this new issue?*

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To: vinh pham who wrote (13084)8/18/1999 2:58:00 AM
From: blankmind  Read Replies (1) of 30916
 
idtc's announcement on dsl was different than prior announcements, it carried a certain confidence. i am beginning to suspect hawaii hacked into the pr network and changed the release. will this help propel it towards 20?

specific as to a timetable:

the two companies have agreed to a major rollout schedule to small and medium-sized businesses across the US by October 1, 1999.


idtc touts its revs last q, and how it sees itself capturing a segment of the dsl market:

With a potential market well over five million, IDT sees this arena as huge and largely untapped, with only 38,000 to 40,000 DSL lines installed nationally. IDT is well-suited to capture a large segment of this market, with over 700 points of presence. Total revenue for IDT's 1999 fiscal third quarter, which ended April 30, was in excess of $191.8 million dollars.


idt touts itself as first tier

IDT, a first-tier, facilities-based Internet Services Provider

and it was gratifying how idtc described itself and sited the forbes article.

Ranked as the 4th most dynamic telecommunications company by Forbes ASAP, IDT Corporation is a leading, emerging, multinational carrier. Combining its position as an international telecommunications operator, its experience as an Internet Service Provider, and its leading position in Internet telephony, IDT provides a broad range of telecommunications services to its wholesale and retail customers worldwide. The company offers its customers integrated, competitively priced international and domestic long-distance, pre-paid calling cards, and Internet access.

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