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Technology Stocks : ITXC

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To: djane who wrote (455)1/3/2000 3:51:00 PM
From: David Wiggins  Read Replies (3) of 987
 
ITXC is in on the ground floor with China Telecom - much stronger relationship than GRIC. ITXC also works closely with Vocaltec and Cisco - now Clarent as well. These are the ONLY Internet Telephony suppliers to China Telecom. It looks like ITXC will let their numbers speak for themselves. They have hinted strongly at a blowout quarter. CEO Evslin stated publicly last week in ON24 interview that stock was "cheap" right now. Investors should buy. Also the fact that they just priced employee options indicates that they think this is a low price for the stock. (They price employee options at a time when stock price is low to make getting up to the strike price quite likely - hence employees including management cleans up.) I'm BUYING now befor Q4 report. Doubled my holdings to 20K shares last two weeks.

Regards, Dave
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