MER Telemanagement (MTSLF) - Internet/web Co. Message Board

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Technology Stocks : MER Telemanagement (MTSLF) - Internet/web Co.

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To: James F. Hopkins who wrote (73)	5/6/1999 10:30:00 PM
From: blankmind	Read Replies (1) of 75

my notes from confer call: - 5/5/99 - 10:05 - confer call - going over the press release just put out - in 7 years as ceo, fresh blood, to bring new ideas - almost nothing from internet products; TabsWeb - new names of customers: nortel - the co.; ntt - japan telecom; nippon telephone - ; Citrix - w/ international cos - software co; Merrill Lynch; none to large hotels; - no recent - 4 or 5 companies beta testing - projecting full yr for 1999:: profitable for 1999 - for 2000 - between 10 to 20 percent of sales - Mr. Mer: own 70% of sub; makes one major shareholder; better if not one holder owns more than 50% - mts needs to grow up in the product business - believes shares are undervalued - said if shares go up in value; and a buyer wants to pay full value; then they'd be open to an investment - Avi: from Stuart Coleman: - asking about Amir's background - the new ceo - 10 years younger; from industry; voicemail; very marketing oriented - $224k cash provided by operating activities - have $4.5 mill in bank & cash positive - didn't see any revs from Lucent in Europe; but Lucent told mer; they'd buy $1.75 mill; maybe $800k within 1999 - expect to finish year in $14 mill in sales - in following year, from Lucent, hard to say - 1 17/32 to 23/32 - 0 vol - still - saying Lucent actively visiting Mer & talking to Mer - quotations have been given to Lucent - r&d isn't going to come down - increashing our gross profit - maintain r&d; but increase sales; so % of r&d comes down

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