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Technology Stocks : CYOE / Diana Corp. Why has the SEC not halted this pig?

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To: NYBellBoy who wrote (207)6/29/1999 10:55:00 AM
From: Q.  Read Replies (1) of 242
 
More on RCC Finance:

Altavista came up with only 5 links on this company.

One of them is a Motley Fool news item, in Nov. 98:

Regional competitive local exchange carrier (CLEC) Advanced Communications Group (NYSE: ADG) dialed up a $3/8 gain to $6 1/8 following its announcement of a financing commitment of up to $20 million from RCC Finance Group for installation of switching and network equipment. Advanced Communications' CEO Richard O'Neal called the installation "a key event in the implementation of our strategic plan."

Well, when I look at the filings for ADG, buried amongs a zillion Form 144's, there is a 10Q that says that in April 99, the company decided to quit being a CLEC, and buy a small independent yellow pages publisher and then do only that. It also shows a horrible-lloking balance sheet. Yahoo shows a market cap of $173 M. Might be a short opportunity here.
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