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To: topwright who wrote (31049)3/25/1998 11:56:00 AM
From: Jack Sman  Read Replies (3) | Respond to of 41046
 
(PR NEWSWIRE) DJ: Money Talks: Internet Telephony Stocks Spiral Upward; ID
DJ: Money Talks: Internet Telephony Stocks Spiral Upward; IDT Corp. and
Vocaltec Have Quadrupled in Price Since Last Year

NEW YORK, March 25 /PRNewswire/ -- In his "Missing Link" column this week on
Money Talks ( www.talks.com ), Rob Gebeloff, a reporter for The Bergen
Record, comments on the rise of Internet telephony stocks. Despite the low
quality of sound on Internet phone calls, Net phone stocks have tripled or
even quadrupled in price since last summer.
The run up in stocks may be based on the potential of future earnings rather
than current sale. Internet telephony is generating a lot of interest, not
only from smaller players like IDT Corp., Vocaltec and Dialogic but also
from telephone behemoths like AT&T and MCI. As the larger companies enter
the game, they could either take over the smaller companies or drive them
out of business entirely. For now, AT&T and MCI are driving attention
toward Internet telephony, benefiting the smaller companies with their
exposure.
The Internet telephony industry gained its momentum when companies such as
IDT began offering phone-to-phone Internet calls, rather than only
modem-connected calls. With the convenience and lower cost of
phone-to-phone calls, the potential for growth in the consumer market
substantially increases.
Will the Internet telephony industry continue to grow? Can the small and
large companies co-exist or must they merge to meet market demand?
Missing Link column is posted each Tuesday evening, at which time the
previous week's column can be found in the Money Talks' archives.
Money Talks is a free e-zine that features original daily commentary from
leading financial journalists, many of whom developed expertise and contacts
at the New York Times and/or Wall Street Journal. This all-star financial
line-up offers savvy insight on the equities marketplace, mutual funds,
personal finance, biotech, the retail industry, interactive technology,
financial issues for twenty-somethings, the economy and more. Designed to
help individuals make better investment decisions, Money Talks' editorial is
complemented by access to interactive tools and databases, including quotes,
charts a portfolio tracker, earnings analysis, news and an extensive IPO
section.
/CONTACT: Larry Thomas of Money Talks, 212-596-1513,
larry_thomas@prnewswire.com; or Denise Maloney of PepperCom, 212-681-1333,
dmaloney@peppercom.com/
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