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Microcap & Penny Stocks : FNet=Internatl Voice/Fax/Data&Video Services ViaInternet

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To: Bruce Hoyt who wrote (579)	1/4/2000 12:31:00 AM
From: george willse	Read Replies (1) of 609

Check out today's strong VOIP action: New York, Jan. 3 (Bloomberg) -- The shares of deltathree.com Inc. and Net2Phone Inc., providers of low-cost long-distance calling over the Internet, climbed after they introduced new pricing plans and products. Rival iBasis Inc. also rose. New York-based deltathree.com gained 6.3 percent, while Hackensack, New Jersey-based Net2Phone rose 20 percent. Ibasis increased 9.4 percent on investor optimism for the industry, said spokesman John Quirk. Companies that send telephone calls over the Web are forecast to have about $18 billion in 2004 sales, a 36-fold increase from last year, Quirk said. Sales are rising as more people are learning how to use the Internet, and the quality of calls sent over the Web is getting better. Net2Phone said it will sell prepaid cards in the U.K. for phone-to-phone calling over its Internet-based network. Previously, Net2Phone sold only computer-to-computer and computer-to-phone calling under its own brand outside the U.S. Deltathree.com, which is controlled by cosmetics heir Ronald Lauder's RSL Communications Ltd., said it's selling packages of unlimited U.S. computer-to-phone calling with 250 minutes of calls to Europe, Australia and Asia for $9.95 a month. The shares of deltathree.com rose 1 5/8 to 27 3/8 on the Nasdaq Stock Market. They've almost doubled since the company first sold shares to the public in November at $15. Net2Phone rose 9 to 54 15/16 on the Nasdaq. The company sold shares to the public in July at $15 each. Burlington, Massachusetts-based iBasis rose 2 11/16 to 31 7/16 on the Nasdaq. It sold shares in November at $16 each. Jan/03/2000 16:51 (C) Copyright 1999 Bloomberg L.P.

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