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Technology Stocks : Brite Voice (BVSI)
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To: Mark Willoughby who wrote (291)12/18/1997 10:55:00 AM
From: Valueman  Read Replies (1) of 495
 
Exact product won't be announced until AT&T brings the product to market. All we know is that it is a wireline, not wireless, product. First order worth $25 million, with potential value over next 3 years of 50-60 million, and quite possibly more. AT&T also has been given warrants to acquire 10% of BVSI, at AT&T's request(1.4 million warrants @ 11). BVSI will take a charge in Q4 for these warrants. They won out over larger companies like NorTel and Lucent.
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