Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (13370)	8/23/1999 10:09:00 PM
From: Hawaii60	Respond to of 30916

News from London: Monday 20th - Thursday 23rd September, 1999 Mount Thistle Hotel, London iir-conferences.com *************************************************************** +Net2Phone market cap speeds past $2 billion mark 23 August 1999 Shares of Net2Phone shot ahead 38 percent today taking the leading Internet telephony provider past $2 billion of market capitalisation. The company saw its stock jump over $14 to 50 5/8 on volume of 4,494,100 shares. Sources suggest that the service provider is coming out of its "quiet period" shortly. Net2Phone recently issued 5.4 million shares through underwriters led by Hambrecht & Quist LLC, BT Alex. Brown, and Bear Stearns. At its debut the stocks went up by 35%. Net2Phone has scored several marketing deals which include those with NBC, ICQ, NetScape, Excite, Yahoo!, GeoCities, BigFoot, Real Networks and IBM. In addition to these arrangements Net2Phone has a vast network of individual agents worldwide advertising the service in print media, the websites, and other channels.