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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS)

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To: Earl Falwell who wrote (9)2/5/1999 1:54:00 PM
From: Frank Walker  Read Replies (1) of 338
 
It will be interesting to see if CYSS pays any significant money to Nokia. I doubt it - they can just have a few meetings with Nokia and announce "vapor" deals (which are never completed) and gain a certain amount of credibilty (with some stock investors) without actually spending a penny.

Also I notice the CYSS claimed Italian deal is actually with - THEMSELVES - Crys-Tel Italia S.P.A. - so any income from this would be very questionable.

"Crys-Tel Telecommunications.com, Inc. Announces Italian Joint Venture

FORT LAUDERDALE, Fla. Jan. 27 /PRNewswire/ -- Crys-Tel Telecommunications.com, Inc. (OTC Bulletin Board: CYSS - news) announced today that the company has entered into a Joint Venture agreement with Crys-Tel Italia S.P.A. to provide its Internet telephony services in Italy."

I also notice in the CYSS website there are no financial reports, audited or otherwise.

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