DGTT Digitec 2000 Inc. Phone cards
Recomended in the Sept. issue of the Stewart Report It sounded good to me so I Bought some at 14.50. The only knowledge that I have on this stock is from that report and several news releases that followed.
According to Stewart : DGTT has rapidly become one of the big players in the field (selling nearly 400million minutes per year) and consolidation among competitors should work in their favor. Pre-paid phone card sales are presently more than $1 billion and Soloman Brothers predicts $5 billion by Year 2000. Their two big products are the F/X Phone Card and the TEC Direct Phone card. Their volume enables them to undercut the competition. They are affiliated with Telephone Electric Co. (TEC) . TEC will provide a telephone switching network for DGTT. DGTT has filed for application to AMEX. DGTT is way undervalued relative to closest competitor, SmarTalk. DGTT sales for quarter ending June were $14 Million, up from $7.3 million in the previous Quarter.
DGTT has also partnered with Innovative Telecom Corporation and Premiere Technologies, Inc. For more on this see following.
quicken.excite.com
Any further information about DGTT would be appreciated.
Thanks,
Tim Bennett |
