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Technology Stocks : I-Link Inc (ILNK), VoIP Telephony -- Ignore unavailable to you. Want to Upgrade?

To: Michael Paul Langley who wrote (282)	11/21/1998 2:32:00 AM
From: Michael Paul Langley	Respond to of 417

Overall, their business plan has had serious flaws in it. They shouldn't have introduced such ridiciously low long distance rates last year when their competition (and the marketplace as a whole)would support much higher prices. Therefore, all they have accomplished is an excelleration of the product cycle (long distance rates)as their competitors are charging near or the same rates today. By lowering the rates they did grow their revenues from zilch, however; they have been selling below their costs of service (i.e. $5,020,650 for telecommunications revenue and a corresponding telecommunication network expense of $5,095,263). Additionally, the pull in about the same revenues for marketing services as the pay out in marketing expenses (includes total commissions, and the cost of providing training, promotional and presentation material, and ongoing administrative support to independent representatives). I have no idea where the economies of scale supposedly kick in for ILNK. The SEC documents are a must read for any current IR or investor in ILNK to get the true scope of their financial woes. Further discussion of ILNK's financial situation is hereby encouraged.

To: Michael Paul Langley who wrote (282)	11/21/1998 12:49:00 PM
From: David L. Carter	Read Replies (2) \| Respond to of 417

I think this company has had a serious focus problem. First it was fax over the internet, then it was long distance over the internet, then it was telephone hardware,etc. etc. Their appetite for new products has overcome their need for focus and IMO will ultimately lead to their demise. The AR looked like a mess I mean why so much for doubtful accounts. That tells me the service isn't working and people aren't paying or erroneous sales are being booked. The only hope I see is for Safe Harbor to come to the plate, ante up more money, trim the business, narrow focus, change management or a complete buyout. Anyway, I wish them luck since they are a local company but I think they have blown a lot of money and don't have ... to show for it. These are my opinions only.