IDT *(idtc) following this new issue?* Message Board

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Technology Stocks : IDT *(idtc) following this new issue?*

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To: Yamakita who wrote (1211)	12/2/1998 10:13:00 AM
From: pass pass	Read Replies (1) of 30916

Got this from Yahoo board, it's part of Alex Brown's analysis. "Internet revenues were $4.3MM, a 9% decrease from the prior quarter's revenues of $4.7MM, and below our estimate of 5.1MM. The results for both callback, domestic long distance and Internet revenues continue to reflect decreased marketing focus in these business lines. The Net2Phone product generated revenues of $5.3MM this quarter compared to $3.9MM last quarter, and ahead of our estimate of $4.6MM on sequential traffic growth of approximately 60%. Revenues increased 36% over the prior quarter and 212% over the same quarter last year. Total Net2Phone minutes of use grew to 34.6 million minutes this quarter, a 57% increase over the prior quarter's 22 million minutes. " Very strange! Isn't Net2Phone part of internet business?

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