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

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To: Bill Lotozo who wrote (2319)3/4/1999 12:44:00 AM
From: neverenough  Read Replies (2) of 30916
 
I don't think spinning off their ip phone business will bring in much money. IP telephone is just not seen as big today.

Think again, IP telephony is fomenting a lifetime revolution in the communications industry. In the near future, disparate IP networks will conform to industry standards, become interoperable and enable the most intelligent, feature-rich, low cost and all-encompassing network to emerge.

Revenue from IP telephony related software, hardware, products and services is expected to reach 14.7 Billion by 2003. Minutes of communication services traveling over IP telephony networks will grow from 70 million minutes in 1998 to 80 Billion minutes in 2003. Ultimately, traditional service providers will make IP telephony a mainstream technology.

No doubt there will be many players, but IDT is one of the pioneers, and IMO Net2Phone will be huge...
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