The collaboration, Adir technologies, will be majority owned by Net2Phone, and will sell Cisco hardware along with Net2Phone telephone networking management software. The move is the latest by the U.S. long-distance telephone company to strengthen its Internet presence. By the way, i checked out their website. They announced an exclusive relationship with America Online to be integrated into the Netscape Browser and ICQ Instant Messenger. The ICQ deal will offer a prepaid virtual calling card that will route calls over Net2Phone's Internet protocol network.
People like to talk to another person.
The benefit of Net2Phone, or any voice over IP company, is that it is incredibly cheap. Nobody will talk through their computer if the price is the same. Put another way, 0.77 Net2Phone share underlies every IDT share. Almost twice as much as it should, simply because Wall Street is fooling investors into buying this spinoff's stock. I smell a crash once this excitement for Net2Phone subsides.