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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: HVN who wrote (1221)12/4/1998 3:35:00 PM
From: vinh pham  Respond to of 30916
 
In reading the latest quarterly report. I ran across this section:

RETAIL DEBIT DIVISION

Since the Company introduced its retail products, IDT's debit card division has been growing steadily. This quarter, IDT's debit card division grew to $67.3 million, up 17% from $57.7 million in the prior quarter and up tenfold from same quarter year-ago revenues of $5.4 million.

IDT has expanded its offering of retail debit cards by adding more specialized phone cards and expanding its sales and marketing efforts nationwide. IDT has also secured partnerships with five additional distribution companies which have merged their operations into the Company's to provide additional distribution channels and offices in Washington, DC, Connecticut, New York, Ohio, and Florida.

Where do these numbers show up in there sale report?

Thanks