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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: Stephen B. Temple who wrote (23325)12/16/1997 2:57:00 PM
From: elk  Read Replies (1) | Respond to of 41046
 
Here's some numbers from IDTC'c quarterly report.

sec.yahoo.com

Tidbit 1:
<<Revenues from the Company's Internet telephony (Net2Phone)operations increased almost twenty-six fold from approximately $79,000 for the three months ended October 31, 1996 to approximately $2.1 million for the three months ended October 31, 1997.>>

Tidbit 2:
<<The increase in Internet telephony revenues was primarily due to an increase in billed minute usage, as well as revenues on the sale of equipment of $720,000 for the three months ended October 31, 1997 compared to $0 for the three months ended October 31, 1996.>>

Tidbit 3:
<<Beginning in Fiscal 1997, the Company's focus has increasingly shifted towards its international telecommunications operations and away from its Internet access service. Revenues from the Company's Internet operations are derived from providing Internet access services to individuals and businesses.>>

From the first 2 it doesn't look like they have cornered the market.
And I guess 3 shows that we are not the only company that shifts focus.

Evan