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SEBASS

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SEBASS

Re: willsimon post# 13459

Tuesday, 07/12/2005 3:06:13 PM

Tuesday, July 12, 2005 3:06:13 PM

Post# of 157299
Willsimon GTE will only become profitable when Stored Value cards are in operations. Based on the latests press relase of the L.A expencion and switch being added it seems like GTE is right on track for Q3, 2005 operations to begin on stored value cards as they have annouced a while ago. I would advise everyone not to expect profitablity on VoIp business unless some major contract happens.

VoIP business is only 3-5% margins
Stored value cards is 30-40% margins.
Strat too big to estimate.

Just my 2 cents.

And as Jack always says: "You can't handle the truth! Son"

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