To: Stock Watcher who wrote (11385 ) 6/29/1999 1:12:00 PM From: Mr.Manners Read Replies (2) | Respond to of 52051
TLTG... Sw.. don't know if this was posted.. news from yesterday Monday June 28, 5:01 am Eastern Time Company Press Release Stockreporter.de Announces Investment Opinion on Teltran International Stockreporter.de Updates its Strong Buy Recommendation for Teltran International (TLTG) and Corrects its Profit Expectation Upwards NEW YORK--(BUSINESS WIRE)--June 28, 1999-- Today Stockreporter.de analysts announced that they have updated the Strong Buy recommendation for Teltran International (OTC BB:TLTG - news) and corrected their profit expectation clearly in an upwards direction. Therefore the Stockreporter.de increased the share target from $30-$45 to $42-$57 at a conservatively estimated PER of 30 for the year 2000. Stockreporter.de specializes in the coverage of Micro Caps and undervalued OTC:BB companies and is going to be the No. 1 Micro Caps and OTC:BB site in Europe and especially in Germany. The update of the recommendation contains the following new information: ''The recently published analysis by Stockreporter.de on Teltran International deals mainly with the key area of Teltran's business, Internet telephone service. So the profit expectations of $1 to $1.50 per share do not contain any profits at all from other business sectors. The massive rise in the number of users of the Class-A-Portal under www.teltran.com in the last two weeks has caused us to include this area of business in the profit expectations as well. ''Teltran announced last week that even at the weekend the Portal is currently receiving more than 25,000 hits a day, even 35,000 hits a day during the week. For such a young Portal these are extremely successful figures, which, as we already mentioned in particular, confirm the high quality of the offers (e.g. the E-Shopping area with over 50 partner firms from A for 'Amazon' to W for 'Wine of the Month' as well as the outstanding finance sector with free Real-Time rates). That is why over the next few weeks Teltran should have no problem in increasing the current figure of 35,000 hits a day during the week by at least 40% to 50,000 hits. Especially taking the stock public to the NASDAQ or the AMEX by September at the latest as well as the future listings in Berlin and London will bring a massive thrust of new users, so that we can assume this 40% in daily hits to be even too conservative. ''At 50,000 hits a day Teltran could easily reach 18.25 million hits in 2000. With average marketing of the Portal with three banners at a price of $0.05 per banner impression and 54.75 million banner impressions (3 x 18.25 = 54.75 million), the result would be additional earnings of $2.74 million or $0.27 per share, which are currently not included in the profit expectations for 2000. Moreover, since Teltran has earned the Portal costs already in other sectors, this $0.27 additional return is without any further deduction. In addition there is another aspect: from experience we know that a further 50% of the returns from Banner advertising can be achieved by turnover participation in the E-Shopping sector or also through Banner partner programs; in this case therefore about another $0.13 per share. ''Altogether we can conservatively expect a further $0.40 profit per share and therefore increase our profit expectations for 2000 from $1 to $1.50 to now $1.40 to $1.90. However, the numerous additional VoIP revenue, which Teltran is going to achieve because of the ideal PR through the heavy traffic in the Portal, is not yet included in these calculations. Hence, even $2.00 for 2000 seems possible to us, especially as we can reckon with the development of new target regions for the VoIP service this year. We therefore increase our share target from $30-$45 to $42-$57 at a consecutively estimated P/E ratio of 30 for the year 2000. Hence, the share is only valued at a current rate of about $6 with a PER of 3-4 and is therefore drastically undervalued.'' The recommendation of Teltran was done on an unsolicited basis and the Stockreporter.de received no compensation for the recommendation. The full recommendation of the Stockreporter.de and additional information (e.g. a corporate profile, a PowerPoint presentation about VoIP, an interview with CEO Byron Lerner) can be accessed at the Stockreporter.de web site at www.stockreporter.de which is going to be the No. 1 Micro Caps and OTC:BB site in Europe and especially in Germany. The site is completely available in both languages, German and English. Contact: Stockreporter.de Tim Kneib, +49 - 172 - 4025040 Email: webmaster@stockreporter.de Homepage: www.stockreporter.de More Quotes and News: Telttran International Group Ltd (OTC BB:TLTG - news)