Bryn Mawr Investment Group Announces Investment Opinion on Teltran International
''Strong Buy'' Recommendation With $21.00, 12 Month Target
NEW YORK--(BUSINESS WIRE)--May 3, 1999--Bryn Mawr Investment Group, Inc. began coverage of Teltran International (OTC BB:TLTG - news) today with a ''strong buy'' recommendation and an intermediate, 6-month price target of $12.50 per share and 12-month, long term target of $21.00 per share. The report is available at the main office of Bryn Mawr Investment Group in Bryn Mawr, PA and on Teltran.com.
''To be recognized by such a prestigious firm as Bryn Mawr Investment Group is an important step in the evolution of Teltran,'' said Byron Lerner, Teltran's President & CEO. ''We continue to be very excited about the future as we work hard to achieve the goals we have set for our company,'' continued Lerner.
About Teltran
Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications and Internet services including Voice over IP, domestic and international long distance, Web Portal and Hosting, fax broadcast services and
calling card programs.
Contact:
Teltran International, New York
Jimmy Tubbs, 888-TELTRAN
jamest@teltran.com
www.teltran.com
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