DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! Message Board

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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!

DGIV 0.00

Dec 5 4:00 PM EST

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To: Howard C. who wrote (33390)	12/9/1998 4:58:00 PM
From: ~digs	Read Replies (1) of 50264

hey howard, correct me if I'm wrong, but I don't think that it would be illegal for Jimmy himself to buy shares right now on the open market (although he has plenty already). Let's say for instance, that said contracts or funding were in a finalization stage (maybe they're being translated as bull suggested... who know's... I'm sure there's lots of minor details involved in such a signing) Let's also assume that Jimmy is of course aware of how close the completion of such acts are, and that, in his mind, substantial news is a gimme once everything is all taken care of. Would it then be illegal for Mr. Chin to take some of his own pocket change and pick up some more cheap shares? Furthermore, would it be illegal for a company's board of directors to be doing "insider" buying? Anyone know the answer to these questions? I personally don't think that Digitcom has been buying shares... maybe, I'm not sure. I don't think they were buying past a $1.50 if in fact they were doing any buying at all. I'm sure they new that the substantial news was not due out yet, and that a 200% gain could not be supported without it. After we fell today, we did see some buying come in around midday. Maybe it was them... maybe it was individual shorters covering. One thing I do know is that if Digitcom is buying shares, it would probably have a semi-decent effect on the share price if they announced publicly that they we're doing so. A share buy back by company officials would indeed be a positive sign. If they are buying, they should announce their actions soon before they are done doing so. I don't know much about all this... just thinking aloud... Dave

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