To: Susan McCahon who wrote (19551 ) 10/27/1997 10:33:00 PM From: Marvin Mansky Read Replies (3) | Respond to of 41046
OK guys, the partner is INTRINE Communications, a private developmental company that purchased the 2.5M because they need it for their own product. So now we know :<( Their product is making it possible to only need one # for phone, fax, beeper etc. But, FTEL is in negotiation with a company that has many POPS around the country. Estimated date of contract completion anywhere from 1 day to "I don't know". Some other SI people at the meeting. Some investment people, the publisher of CTI Magazine, on computer telephony( ctimag.com ). The demo, hang my head in shame, was not directly heard by me but by my friend, also an investor, and he was impressed with it. By tomorrow SI should get reports from the other SI attendees. Meeting attendees were also given phone cards that will allow us to call free over the internet until the new year. This will be a major testing ground. There are also 10 advanced features that will be rolled out one/month The meeting was high up over Wall Street (50th Floor) with a incredible view over the southern tip of Manhattan with the Statue of Liberty and Ellis Island and the Hudson River. Drinks and canape's after the formal meeting was over. When someone asked Frank about expected revenue he said would it be too hard to believe a billion dollars in a year (That's what I THINK I heard him say standing tall by the lectern. --- Spoke with Sparrow. The program with digital express is not yet operational. When I asked about broadcasting and competition in that arena Sparrow said that where FTEL's program is unique is that the downloaded data can be sent to individual PC's rather than to a center where people have to get together to get the information. Now, post meeting, I have questions I would of preferred having before, like why did GTE put in such a big cable and how and why was FTEL sandwiched between WORLDCOM and, who was that other company Raleigh? Marvin