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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (2371)5/19/1999 10:29:00 AM
From: Bill Fortune III  Read Replies (3) of 2662
 
IDT (IDTC) will own 66.2 percent of Net2Phone or 27.6 million shares; Softbank will be the second largest stockholder with 10.8 percent or 4.6 million shares.

HACKENSACK, N.J.(CBS.MW) -- America Online, GE Capital and Softbank are among the principal stockholders in a $50 million IPO filed late Tuesday by IDT Corp. for its Net2Phone Internet telephony unit.

cbs.marketwatch.com

Regards,

Bill Fortune III
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