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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (16687)	9/28/1999 12:11:00 PM
From: Kimberly Lee	Read Replies (6) \| Respond to of 108040

PD, thanks, just bought ITXC 19 1/8, Lehman led IPO (they did ATON) too. 6.5M float, offering pirce 17. ITXC is bridging the gap between your telephone and the Internet. The company's network, ITXC.net, can route phone calls over the Internet more cheaply than over traditional phone networks; calls are completed on affiliated carriers' networks. WWeXchange service allows carriers, ISPs, and others to offer international telephone service, and on-premises equipment, SNARCs, give customers direct access to ITXC's network. ITXC has affiliates, including Bell Atlantic, China Telecom, and Korea Telecom, in some 75 cities worldwide. ITXC (for Internet Telephony Exchange Carrier) was founded in 1997 by AT&T and Microsoft alumnus Tom Evslin, who owns about 25% of the firm. VocalTec owns 19%, and Intel owns about 12%. major competitors: QWST, NTOP