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

To: Steve Fancy who wrote (2644)	3/13/1999 7:19:00 PM
From: Bill Zeman	Read Replies (3) \| Respond to of 30916

Steve Thanx for the detailed description of ALA. You saved me a lot of time. I quoted that section of the news release to highlight ALA's booming data networking equipment business. It is in this that they may have back logging problems. The Yahoo board is so cluttered up with crap that I don't even like bothering to read it. IDTC does have 16 long term leased undersea fiber optic cable lines some of which are from the USA to Europe. I don't know how many miles they have, but 12,000 doesn't seem to be too far off. They also have 75 POPs I believe. I will post a bunch of key paragraphs from the most recent 10K later for all the new people. This is form the latest amended 10Q. "The Company is a leading multinational carrier that provides its wholesale and retail customers with integrated and competitively priced international and domestic long distance telecommunications service, Internet access and, through its Net2Phone products and services, Internet telephony services. The Company delivers these services over a high-quality network consisting of 66 switches in the U.S. and Europe and owned and leased capacity on 16 undersea fiber optic cables. In addition, the Company obtains additional transmission capacity from other carriers." edgar-online.com Regards Bill Zeman (18 1/2)

To: Steve Fancy who wrote (2644)	3/14/1999 12:05:00 AM
From: Bill Zeman	Read Replies (2) \| Respond to of 30916

HANDY INFO FOR PEOPLE NEW TO THE IDTC THREAD............. All this is from the latest 10K. I will update and comment between some paragraphs. "IDT is a leading multinational carrier that provides its wholesale and retail customers with integrated and competitively priced international and domestic long distance telecommunications service, Internet access and, through its Net2Phone products and services, Internet telephony services. IDT delivers these services over a high-quality network consisting of 60 switches in the U.S. and Europe and owned and leased capacity on 16 undersea fiber optic cables. In addition, the Company obtains additional transmission capacity from other carriers." The 10Q after this increased the number of switches to 66. We know they must have at least one more by now because of the news release they put out a couple of weeks ago detailing the buying of a telco in Holland which came with among other things, one switch in Rotterdam. "The Company delivers its international traffic worldwide pursuant to its agreements with U.S.-based carriers, foreign carriers, and 17 of the companies that are primarily responsible for providing telecommunications services in particular countries (many of which are commonly referred to as "PTTs"). In addition, IDT maintains a high-speed network that carries Internet traffic in order to support both its Internet access services and its Internet telephony services. The Company has grown considerably in recent years, generating revenues of $57.7 million, $135.2 million and $335.4 million in Fiscal 1996, Fiscal 1997 and Fiscal 1998, respectively." They are going to generate $600 million in fiscal 1999. Impressive growth! "As of October 1, 1998, the Company had approximately 110 wholesale customers located in the U.S. and Europe. In addition, IDT offers retail long distance services to individual and business customers in the U.S. and over 170 other countries. Within the U.S., IDT provides dedicated and dial-up Internet access services to approximately 75,000 retail customers. The Company's Net2Phone service, which allows customers to make telephone calls from a multimedia PC to any telephone, and the Company's Net2Phone Direct service, which enables users to make phone-to-phone calls over the Internet, have been used by a total of over 600,000 registered customers worldwide." On one of the last two conference calls, Howard Jonas, CEO said that they now have 1 million Net2Phone users instead of the 600,000 here in the 10K. Growing fast! "The Company operates a growing telecommunications network consisting of (i) 60 Excel and Nortel switches in the U.S. and Europe; (ii) 16 owned and leased undersea fiber optic cables connecting the Company's U.S. facilities with its international facilities and with the facilities of its foreign partners in Europe, Latin America and Asia; and (iii) resale transmission capacity obtained on a per-minute basis from other telephone carriers. The Company monitors its network 24 hours a day, seven days a week through an automated network operations center. The Company follows a disciplined, incremental approach to expanding its network, adding new facilities when it determines that such investments are justified by traffic volumes. The Company plans to expand its global telecommunications network infrastructure in order to reduce its operating costs, ensure the quality of its service and to expand its customer base. IDT plans to install Company-owned switches in the U.K., the Netherlands, Germany and France by the end of Fiscal 1999 and to continue to pursue operating agreements with foreign carriers in order to terminate traffic directly at favorable rates." Of course we now know there are actually 66+ switches. We also see here that they have been buying their switches from Nortel and Excel. Perhaps it is these 2 companies who are back logged on switches. Who is Excel? Anyone know? "IDT also operates a domestic Internet network consisting of multiple leased lines. IDT operates one of the nation's largest Internet access networks, providing local dial-up access through more than 75 "points of presence" (or "POPs") owned by the Company, through which subscribers may access the Internet. The Company's domestic Internet network also includes more than 375 additional POPs owned by local and regional Internet service providers, which the Company refers to as its "Alliance Partners." This Internet network, combined with the Company's telecommunications network, is also used to route IDT's Internet telephony traffic." These POPs are a hot commodity. They are basically the hubs of the internet. Whoever owns them routes calls onto the world wide web. They will either do it for their own customers or sell the capacity to others. One of AOL's basic problems when they first started having them 2 years ago, I believe was not enough POP capacity for the number of users they had in many areas. It is a noteworthy thing in and of itself just to know who owns them all. 75 is a good number. That puts IDT in the top ten or fifteen for sure. I think the biggest owner of POPs is WCOM. They have over 1000 I believe. PSIX has a lot too. These 2 stocks are worth buying if they ever get killed on the street just because of how many POPs they have. This 10K is rich with much, much more information about the company, their history and their strategy. You can read it in it's entirety at: edgar-online.com Happy Due Diligences, Bill Zeman (18 1/2)