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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology

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To: Slaran who wrote (537)3/16/1999 11:55:00 PM
From: Steve Turner  Read Replies (1) of 1197
 
I can't blame the corporate officers for taking some profits. I've enjoyed the hell out of this ride up after getting in initially under $2.00. You can bet I've taken some nice profits on the rise.

As for the company's model, I think you're missing a couple of key points. First, the long distance call is a non-issue for most people. I checked my phone bill from my old fax machine to see for myself. A one minute phone call to the number I use most (a factory I represent 32 miles from home) costs .14 per minute. A one minute fax to Milwaukee, WI (2000 miles away) costs .28 per minute. Big Deal!

This is not designed to replace a fax machine. I've been using this service for a month to receive faxes and am quite pleased with it. Faxes come in almost instantaneously. I have tested them. In my case, I receive two to three faxes a day from around the country. I tell local people that the service sends the fax directly to my e-mail, so even if I'm traveling, I will be able to respond to their fax as if I were in the office. Their response has been unanimously favorable. This has also allowed me to operate my office with only two lines. In my old office, my fax machine shared a phone line with my computer line. I worried about people not being able to send me a fax while I was on line. Now, I don't have that worry. Monday and today, I sat there and gleefully watched this stock rocket. I don't remember if any faxes came in during the ride up, but wasn't worried about it at all.

There is a market out there for millions of people in my situation. If this stock drops back into the low teens, I'll be there to scoop up the shares I sold for nineteen and above. Happy trading!
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