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

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To: Jimi Plym who wrote (100)7/31/1998 6:21:00 PM
From: Jimi Plym  Read Replies (1) of 152
 
Nice market reaction to the news today:

Charter Acquires Pointe Communications Corporation and Names Gary D. Morgan President and Chief Operating Officer

HOUSTON, July 31 /PRNewswire/ -- Charter Communications International, Inc. (OTC Bulletin Board: CHTD - news) Chairman and CEO Stephen E. Raville today announced that Charter has acquired Pointe Communications Corporation of Miami, Florida. Pointe Communications is a private company entering the telecommunications market as a competitive local exchange carrier (CLEC).

In conjunction with the acquisition, Gary D. Morgan, the founder and current CEO of Pointe Communications, will assume the position of President and Chief Operating Officer of the combined companies. Mr. Morgan has 22 years experience in the telecommunications industry, and for the last 19 years has held various senior level positions with Lucent Technologies, Siemens, and Nortel. . .

biz.yahoo.com
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