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Technology Stocks : iBasis, Inc.

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To: Madpinto who wrote (60)7/20/2000 12:23:39 PM
From: Jim Oravetz  Read Replies (1) of 211
 
Yes, if you look at the SI 'estimates' link, they show (0.52). Certainly, losses will continue to occur with the build out of the infastructure and the network. However, lots of postive deals last Q and "reduced" losses sounds good to me.

Here is a related news item:
Microsoft, Net2Phone Sign Pact Allowing
Free Calls by Instant Messaging Users
By REBECCA BUCKMAN
Staff Reporter of THE WALL STREET JOURNAL
The cost of long distance has dropped to zero.
In an effort to lure more users to its hot instant messaging service, Microsoft Corp., has signed a deal with Net2Phone Inc. to allow Microsoft instant messaging users to make free long distance phone calls over the Web.
Terms of the deal weren't disclosed. But a spokeswoman for Net2Phone, the Internet telephony company based in Newark, N.J., said Net2Phone will make money off the deal by selling advertisements that will appear on screen every time Microsoft users connect to the new service to make a phone call. Snip<>

Jim
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