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Microcap & Penny Stocks : FNet=Internatl Voice/Fax/Data&Video Services ViaInternet -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Hoyt who wrote (442)	5/1/1999 10:29:00 AM
From: Al Krasberg	Respond to of 609

Looking at the 10Q, FNET did $261K in the SEPT quarter, $287K in DEC, and $508K now. There are around 900 ISP customers at $20 apiece, which is about $56K/quarter. Otherwise, there's Bosnia, the foreign JVs, the new ISDN stuff, and, lastly, income from IP calls. I think the $220K jump this quarter is mostly payments from JMBest, USAT, and the like, for their customers phone usage. The business is set up so that FNET gets a payment for virtually every IP call made using TEMPESTs or other Franklin equipment (through AMAS, Harris switch, etc.)