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.

Microcap & Penny Stocks : FNet=Internatl Voice/Fax/Data&Video Services ViaInternet -- Ignore unavailable to you. Want to Upgrade?

To: Gary R. Owens who wrote (487)	9/16/1999 12:52:00 AM
From: Bruce Hoyt	Read Replies (2) \| Respond to of 609

Gary, looking at the 10k FNet is showing decent growth FINALLY. Last quarter was flat at $508k but this quarter was $830k, a 63% increase. Nasty overall loss but IMO the bleeder has been stitched up and parasites expelled. As for the IPO kickoff goal of hitting a $2.5 million quarter, our targets should be a 50% increase each of the next three quarters in revenues to $1.2 million, $1.8 million, and finally over $2.5 million at end of March 2000. Or at a 30% quarterly growth rate it would be next July end. With Peter at the helm and new FNet business coming out soon its possible. Now I'm looking forward to seeing next quarter's results. Bruce ps: Still don't understand why FNet is the only company in the world who needs that size revenues to IPO. AARRGHHHH!