Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Bindusagar Reddy who wrote (37354)	3/3/1998 4:35:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

Two more insider sales just reported: Michael Hendren sold 67,077 for $2,418,694 Curtis Sanford sold 10,000 for $350,000 The filing date was March 2, 1998. Gary Korn

To: Bindusagar Reddy who wrote (37354)	3/4/1998 6:18:00 AM
From: tepli	Read Replies (1) \| Respond to of 61433

Bindusagar, my quick calculations shows that this FTE deal could be HUGE ! According to the news they have 60 % of Frances internet business. And the growth rate is 100 % y/y. There are approx. 60 million people living in France. If 10 pct. of the French use internet daily (let's say in 2 years time) that means FTE has 3.6 million daily users. Currently here in Finland there are 8 % daily users and 16 % weekly internet users. I understand that it's the highest rate in the world. France has a long history of state monopoly companies. FTE is one example of 'em, it's going to be THE player in the French internet business. One more thing, they have this "Minitel" system in France. It's an obsolete, proprietary information system where a user can order cinema tickets, airline tickets, check the latest news etc. FTE has more than 7 million Minitel terminals. Bottom line, the French are accustomed to use Minitel, now they are replacing it with the internet. Regards tepli