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Microcap & Penny Stocks : Telscape (TSCP) & PointeCom (previously C-Com)

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To: Jimi Plym who wrote (139)12/1/1999 7:11:00 PM
From: Jimi Plym  Read Replies (1) of 152
 
Pointe Communications and Telscape International, Inc. Announce Signing Of Letter of Intent to Merge

ATLANTA, Dec. 1 /PRNewswire/ -- Pointe Communications Corporation (OTC Bulletin Board: PCOM - news), (PointeCom(TM)), an integrated communications provider in the U.S. and Latin America, today announced its signing of a Letter of Intent to merge with Telscape International, Inc. (Nasdaq: TSCP - news), an integrated communications company. The companies have agreed in principle to a term sheet providing for an all-stock transaction. If consummated, the merger would further position the company to be a major competitive provider of bundled communications services in the U.S. Hispanic and paired-Latin American markets, including CLEC services as a key differentiator to ''own'' the customer relationship.

biz.yahoo.com
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