To: ANALYST10 who wrote (14504 ) 6/20/1998 2:47:00 PM From: Spytrdr Respond to of 50264
that's simply not true. i see you don't have much clue about IP telephony and how it works. that's why the AT&Ts of the world are so scared. IP telephony is so cheap it will eat the big telecoms' long distance profits for lunch, and if these telecoms get into IP telephony themselves, that would be self-damaging, so they are in a sort of stalemate, not knowing which way to go. to establish an IP telephony network all you need is servers connected to the internet in each of those countries, using your *software*, and a central switching station or whatever you want to call it. that doesn't cost "hundreds of millions". we don't need your analysis on 1996 financials, that's pre-history in internet time. as i told you in a past message S.I. deleted, Digitcom is a company in the making, establishing beachheads in populated developing countries who need more than anyone else cheap communications, and they need it fast, now, they can't wait nor pay for low-orbit satellites, copper-wires all across their nations, etc. of course we know the risks we are running into by investing in a non reporting OTC company, but that's why the potential returns are bigger also if the company finally succeeds. with your "little accountant" point of view i suppose you would never have bought stocks like Yahoo, or Amazon, when they were in the "launching pad" before take-off, because they are indebted companies, with no profits, outrageous price-earning ratios, etc... yes, but also *outrageous growth rates*. ___ By the way, all these international set of POPs and voice networks with governments cost not millions but hundreds of millions