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To: wmj who wrote (66)	4/9/1998 8:22:00 AM
From: Rick	Read Replies (2) \| Respond to of 803

good post & research wmj. Glad you were proactive enough to go out & gather some info. As you know - I love the telephony industry... Got into etel the other week at 7 & popped to 15ish & then started dropping & I got out in the 13ish range after 100% in a week. Now at 11ish. At some points - all stocks consolidate -- even our beloved DGIV :-) If everything were rosy and up & up forever - we'd all be rich. There is always a right price to re-enter.

To: wmj who wrote (66)	4/9/1998 9:30:00 PM
From: Philip H. Lee	Respond to of 803

Two relatively unknown Internet telephony players: Please do your own research. Arel (ARLCF) 2.56, 5.4 million common shrs oustanding. Netrix (NTRX) 2.34, 9.5 million wtd avg shrs outstanding. Arel chart tscn.com Marketing agreement and ArelNet share ownership by Nortel biz.yahoo.com Arel qtrly release biz.yahoo.com 3/98 Computer Telephony review of the iFax/Phone 2.0 carrier-class IP gateway. Message 4011200 ---- Netrix chart tscn.com Netrix qtrly release biz.yahoo.com Netrix press release claiming "the only fully scalable solution shipping now" biz.yahoo.com Philip Invest at your own risk. Information provided for discussion purposes only and not to be construed as investment advice. Do your own research.