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

To: Secret_Agent_Man who wrote (3405)	4/4/1999 2:11:00 PM
From: Hawaii60	Read Replies (1) \| Respond to of 30916

Prepaid calling cards over IP enable personal computer (PC)-to-PC or PC-to-phone calling as well as phone-to-phone. But as the technology has evolved, customers are demanding a phone-to-phone service. IDT has begun that evolution. In the early '90s, IDT began as a PSTN carrier, and then in 1994 ventured into the Internet access business. It seemed the next logical step was to merge the two departments, and hence, IDT bridged the Internet with the telephone systems in July of 1996. "When we began, we gave the software away for free just so we could rack up minutes," Hofstetter says. "We then wanted to eliminate the computer from the equation and start routing calls phone-to-phone over IP." For the PC-to-phone service, IDT has 1.3 million customers, and has a quarter of a million customers for the phone-to-phone service. IDT markets 30 different cards to meet the demands of its customers. Last February, the company launched a product called Debitalk, a prepaid callback phone card. Debitalk enables callers to make an international call while receiving domestic rates. soundingboardmag.com