To: Daniel Miller who wrote (1078 ) 2/22/1999 2:19:00 AM From: Bravado Respond to of 9115
TLTG is a great investment based on earnings estimates! Management confirmed that it is comfortable with estimates of 30 cents in 99 and 65 cents in 00. The stock is now at $2 and although rising, still represents great value based on these numbers. Do your own DD, check out the announcements and tell me what you think. I think you will like what you see. Below is a recent profile on the company from the UNPAID recommendation of a financial newsletter: The Company: Business: A World Wide Web Portal: ( example yhoo)--see site teltran.com----looks and feels like Yhoo--We are very impressed! 2. VoIP: Will sell phone minutes over Internet phone service . This business segment has huge potential when one considers the growth of VoIP during the next 4 years. It is estimated by International Data Corp. that IP Telephony will carry more than 10% of all voice telephone calls in the US by the year 2003. TLTG is one of 15 companies that is contracted to use Australian-developed system OzEmail Interline for making telephone calls across IP networks touch-tone telephones. This segment of the business is the "real" money maker and should not be overlooked!!The contract with OzEmail is until Oct 2001. Stats: All information has been presented to us by management conversation on Feb 17,99 around 11:00 am 1888-teltran---B Lerner (president) 1. 10,000,000 fully diluted shares outstanding 2. 2,000,000 free trading shares 3. management control 75% of total outstanding shares 4. management will be filing with SEC by end of 1st quarter in order to comply with filing regulations 5. company has NO debt and at present needs no cash infusion 6. The website will continue to be upgraded during the next few weeks and months to come. 7. The "real" story is the VoIP 8. Management's estimated rev and earnings for 99 and 00 NOTE: These number are generated from my conservation with Byron Lerner For 99 rev est. $30 million and net income/sh of .30 For 00 rev est. $60 million and net income/sh of .65 9. website: teltran.com 10. VoIP information; teltran.com 11. Questions: info@teltran.com email 12. Bryon Lerner,Pres. blerner@teltran.com 13. For all press releases visit website: teltran.com NOTE: year-end Dec.. Present price of $1.44-- TLTG is selling at 4.8X 99est.PE selling at 2.2X 00est.PE When we compared to comp. RSLCF-multinational telecommunictions company; including --to distribute Voice over the Internet services in the Netherlands..Current price around $26.75--earnings est. for 99 is a -$3.92 IDT Corporation ( IDTC) is a tlecommunications company which offers a broad range of integrated long-distance telephone and Internet access services. Net2Phone Direct enables uses to place telephone calls and send faxes over the Internet for as little as .05/min..Current price $13 year-end Jul 99 .40 and 00 est. .62/sh Yahoo,Inc. (YHOO) is a global Internet Portal: current price $129.00- earnings est. of .37 ending Dec 99 and .47 ending Dec 00. A PE of 1000+ In our opinion, for $1.44/share an investor gets huge upside potential from a low-priced "PURE" INTERNET PLAY!!! When we take a look at the examples above YHOO, IDTC and RSLCF we see investments opps. that in our opinion are extremely overvalued by any measure, but when we examine TLTG we see speculation, but very littled risk and great upside potential. When we consider management's earnings est. of .30 for 99 and .75 for 00- we calculate extremely low risk PE multiples, that is , 4.8X and 2.2X respectively!!Usually Internet stocks are measured by "eyeballs and clicks" instead of earnings!! If we assign a conservative PE valuation of 15X, we can calculate a value based upon this est. that management communicated to us today, that is $4.50 and $11.25 respectively. Actually most Internet opps. usually trade at much high valuations! If the "street" decides that it likes this situation the sky is the LIMIT! We usually do not recommend issues that do not have rev,earnings and are not fully reporting with the SEC, but we cannot ignore the Internet and for that matter cannot ignore TLTG!! The risks are present, but the reward potential in our opinion is much greater and we are willing to take the plunge! Note: 52-week range .375--$4.00 We intend to monitor a position of TLTG in our model portfolio for percentage gain performance.