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Technology Stocks : Tel-Save Holdings (TALK) -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (159)12/19/1997 8:22:00 AM
From: Cosmo Daisey  Respond to of 840
 
Fred,
Thanks for the encouraging words. I was long first and switched to short, made money in both directions.
Coz



To: Frederick Langford who wrote (159)12/19/1997 8:36:00 AM
From: Alan Fendrick  Read Replies (1) | Respond to of 840
 
A little know secret about to be revealed...... this 9 cent rate is NOT what it seems.

1) They bill in full minute increments, and the vast majority of companies are now offering 6 second billing. Statistically this adds approximately 28% to the per minute rate (realize a 2 minute and 6 second call would be billed for 3 full minutes). This makes them effectively higher than companies that are offering 10.9 with 6 second billing.

2) Also, and more importantly - the 9 cent rate is for Interstate calling only (From your home state to the other 49 states). Your in-state calling could be much more expensive, and again has one minute rounding.

As always, don't believe this just because I post it, (though FWIW I have a communications consulting company and spend my waking hours reviewing this type of program for my clients) - go to their FAQ page, or - e-mail me and i'll give you more info, as I do not intend to make this a commercial.

All of that being said - they still may get a big response because they are not going to publicize those points. However, their competitors will, and the companies who are really offering lower pricing will make it clear.