Bill,
I downloaded Net2Phone yesterday. It was a 5 or 6 minute download.
I had already upgraded my sound card two years ago, so I have full
duplex capability. The web site wouldn't take my credit card
information, so I called the 90 number and spoke with a very friendly
and knowledgeable young man who started my account.
The sound quality is fair to good. There is an annoying brief
silence every few seconds which tends to break up the conversation. I
suspect the person receiving the call has the same problem. I will
try an international call today, if possible.
I was still hoping you could comment on depreciation and amortization
as it relates to infrastructure expansion. You notice how the company
lists EBITDA after the calculation of net income. When will D and A
adjustments go away, or will they continue at the same pace. Do you
have a feel for this?
IDT CORPORATION
SELECTED CONSOLIDATED FINANCIAL AND OPERATING DATA
SIX MONTHS ENDED
01-31-99 01-31-98
STATEMENT OF OPERATIONS DATA
REVENUES 294,018,907 125,703,766
COST OF SALES 227,665,779 92,309,811
SG&A 40,806,086 23,706,415
MINORITY INTEREST 2,185,159 0
DEPRECIATION & AMORTIZATION 11,735,189 3,787,573
----------- -----------
TOTAL EXPENSES 282,392,213 119,803,799
INCOME (LOSS) FROM
OPERATIONS 11,626,694 5,899,967
OTHER (NET) 143,501 (783,393)
----------- -----------
NET INCOME (LOSS) BEFORE
INCOME TAXES 11,770,195 5,116,574
INCOME TAXES 4,825,780 0
=========== ===========
NET INCOME 6,944,415 5,116,574
EBITDA 25,547,042 9,687,540
Ausdauer
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