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

To: george willse who wrote (556)	12/4/1999 9:03:00 AM
From: Bruce Hoyt	Respond to of 609

George, after months of silence from WLV on our many times delayed FNet IPO, the boss speaks: "We should have enough customers early next year to exceed our requirements to go public if we can get the circuits from the various phone companies." and "Now - according to the Street - FNet needs $1M per Month minimum revenue to start a major underwriting. FNet growth has been steady and is now exploding so that we should be there early next year." ftel.com There's still a lot of "should be" and "according to's" in there to cover the chance it won't happen but it sure looks like we are on track again to be the company we all thought this could be. And when you do the math it appears we could hit that "One Million Bucks A Month" revenue target as early as end of January. Most likely they would wait for the quarterly (not that ANYONE else would) results so a May 2000 IPO looks about right to me. That '65 Vette may have a new owner yet. Hopefully I can beat Frank to it before he adds it to his collection :-) Bruce