Malko, Bonjour! I must say this stock and the potential is very intriguing. I worked in Europe for many years and know first hand that the French Telephonique is known for being progressive.
Example: In 1989 they gave every household with a phone line a free mini-Tel system -- which was a little terminal with a handset, screen, keyboard, 8k memory (for storing selected phone numbers, addresses, and messages), access to the phone directories in all of France, select and auto-dial features, messaging features, and the ability to dial into any system that had an async port of entry (if one had an ID and password for the host application). The initial line speed was 2400 baud -- state of the art at the time -- and got progressively faster.
Our sales and marketing people in France used the mini-Tel for submitting sales numbers, competitive pricing, etc. In fact, up to the mid 90's every good hotel in France had a mini-Tel in the room. And, the FTE has had a lot of other telecom "firsts" offered to the general public (caller ID, etc.) I haven't worked there for a couple of years, so I've lost touch with latest developments.
Okay, good testimonial for the FTE. So, my question is: what are the terms of the deal between Starnet, Click, ClickOnline -- or whatever it is going by these days -- and the FTE. What can STEN do for the FTE that they can't do for themselves? Being familiar with the culture in France, I'm curious why the FTE would align with a small Israeli company.
Just being cautious. Can we see proof of the deal?
Thanks for listening.
M |
