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

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To: Stephen B. Temple who wrote (355)1/7/1999 9:52:00 PM
From: Bruce Hoyt  Read Replies (1) of 609
 
Temp, not that many of us with $45,000 cash sitting around. And FTEL is likely at least a quadruple from here so it doesn't make much sense to buy FNet instead at a maybe $7 IPO at a maybe date.

Interesting projections on a possible May IPO at approx. $7. I do like the part about selling or hopefully just registering ALL our shares at IPO. With all the action in Internet stocks lately even a $7 IPO could grow into a nice share price quickly.

They are going to need to release some FNet specific revenue data pretty soon though if they want to generate some IPO excitement. We know FTEL is growing at 50% + per quarter but sitting in the dark on FNet guessing good things but who knows?

Bruce still sitting on lots of FNet guy
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