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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Spark who wrote (39148)	6/22/1999 8:02:00 PM
From: Sword	Read Replies (1) \| Respond to of 122089

Dow Jones Online News Bashes ETEL ____________________________________________ Dow Jones Online News, Tuesday, June 22, 1999 at 17:58 By Paula L. Stepankowsky, Staff Reporter LONGVIEW, Wash. -(Dow Jones)- Shares of E-Net Inc. doubled in value in extremely heavy trading Tuesday after the company said it formed a unit to allow customers to make phone calls over the Internet. E-Net (ETEL) shares closed up $3.187 at $6.375, doubling the stock's value, on volume of 12.9 million shares. Average daily volume is about 157,300 shares. E-Net, a Germantown, Md.-based company specializing in Internet telephone products, announced earlier that it had formed a voice-over-Internet protocol unit, ZeroPlus.com Inc., to provide customers with software and their own permanent online phone numbers for free Internet calling services. The company said in the future, it also will include fee-based services for the consumer market using its technology. But Herbert Tinger, senior vice president of technology research at FAC Equities, said while the announcement is interesting, the service is still limited because both parties must be logged on to their computers and the Internet, and have the company's special software running in order for the call to go through. Tinger said a number of other companies have provided similar services for some time, and that this type of Internet service isn't yet poised to challenge traditional long-distance carriers. "It's great for gear-heads who are logged on all day," Tinger said. "But it's a limited opportunity and a limited market - it's limited to people who are online." - Paula L. Stepankowsky; 360-636-2008 Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved.