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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: TRIIBoy who wrote (11296)	8/25/1999 8:21:00 AM
From: drakes353	Read Replies (2) \| Respond to of 18998

TRIIBoy: <<< In summary, IDTC is a safer way to short NTOP than trying to commit suicide by shorting NTOP. <<< What the hey...I'm short both of 'em. Here's an interesting squib from yesterday's CBSMarketWatch puff piece: CBSMW: But are people actually using it (Internet calling from their PCs)? You have a lot of members that have signed on and are downloading the software, but are people actually using it? Greenblatt: Unlike a lot of Internet companies, we have serious revenues already, as you well know. We have real revenue already. We have 2 million customers. We do well over 50,000 credit-card transactions a month. There are people paying and using. Funny, yesterday Greenblatt says they have 2 million customers and in their registration statement they said the following: Approximately 91% of our revenue is generated from per-minute charges we charge our customers on a prepaid basis to use our PC2Phone and Phone2Phone services. As of April 30, 1999, we served over 250,000 active customers who spent an average of approximately 60 minutes per month placing calls over the Internet. Now I'm sure they have added a few "customers" since April 30th, but 1.75 million? drakes353