SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: rupert1 who wrote (57408)4/12/1999 4:37:00 PM
From: Jimbo Cobb  Respond to of 97611
 
you and robbie...you are all getting spoiled rotten ...now a mere 25% move in 2 days is not good enough...you want 100% in a week !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I may have to stop sharing my BUTT-KICKING ideas if that's all the thanks I get....

jajajajajajajaja

Jimbo.



To: rupert1 who wrote (57408)4/12/1999 4:43:00 PM
From: Jimbo Cobb  Respond to of 97611
 
Victor...VOCLF earnings warning !!!!!

Of course, since VOCLF has no earnings anyway, it may not be too devastating...

I sold a few at $13 this morning just to bag a quick profit, but I am still holding 75% of my shares....avg price 10 5/8...

Jimbo.

VocalTec Communications Issues First Quarter Update

HERZLIYA, Israel--(BUSINESS WIRE)--April 12, 1999--VocalTec Communications Ltd.
(Nasdaq:VOCLF) today announced that, based on preliminary analysis of its results for the first quarter
ended March 31, 1999, it expects to report results lower than the estimates of financial analysts. VocalTec
expects to report approximately $6 million in revenue with a loss per share of between $0.85 and $0.87.
Analysts' estimates range from a loss of $0.37 to a loss of $0.45 per share. These statements are preliminary
and the Company expects to report its final first quarter results on April 27, 1999.

The greater than expected loss is attributable to lower than expected sales, a less favorable sales mix and
higher operating expenses, including larger than expected reserves for bad debt and other adjustments.

"This is a frustrating period in the development of the market," said Doron Zinger, president and CEO of
VocalTec Communications. "Carrier interest in our solution for offering a range of new IP-based enhanced
services is high and continues to grow. However, this is entailing a lengthy and complex process which is
taking longer than expected. Meanwhile, the cost of obtaining and supporting smaller accounts relative to the
size of the sale is putting pressure on margins. Also, the revenue reflects the lumpiness that we have
repeatedly warned about in connection with existing customers. We reiterate though that we remain confident
in our product architecture and strategies that address market requirements. Also, we have been successful in
expanding our relationships during the quarter to include more large service providers, which we expect to be
reflected in our results as these relationships mature." About VocalTec Communications