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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: tekboy who wrote (356)9/17/1999 3:48:00 PM
From: Apollo  Read Replies (3) of 1817
 
Tekboy:

"we are a leading global provider of high quality Internet-based voice and fax services. Our network and proprietary software allow our customers to capitalize on the convergence of the traditional telephone network with both private and public data networks, such as the Internet. ITXC.net, our actively managed network that is overlayed on the public Internet, delivers high quality voice communications over the Internet and other data networks. As part of ITXC.net, we have established ITXC facilities in the U.S. and have arrangements with affiliates outside of the U.S. to place and complete telephone calls on our network. We believe that ITXC.net provides our customers with the cost savings of data networks and the global reach of the Internet and provides us with a platform for delivering additional value-added services. We intend to continue to rapidly deploy ITXC.net on a global basis by taking advantage of the growth of the Internet."

Sounds very much like yet another web-hosting firm, similar to Digital Island, Exds, etc. ATT announced earlier this week their intention of jumping in. Sounds like a feeding frenzy of everyone trying to get in on the $1.3 trillion in B2B commerce. I would ask your friend what IXTC plans to do to distinguish it from the herd.

stan
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