To all:
Also Tim and Glenn I have a question for you at the bottom
of this page.
I am doing DD on this company I found.
I really like what I see so far.
I will post all of my dd on this stock as I find it.
By the way I do not own this stock nor will I own this stock.
I am not going to buy any stock of anykind for a specified period of time.
But I can think of no better time to do some basic DD on companies that
I find interesting for one reason or another.
Ticker: "DGIT"
Profile: DGIT operates a nationwide digital network which links advertisers and
advertising agencies to more than 5,500 radio stations and 500 TV stations across
the U.S. For the 9 months ended 9/30/98, revenues rose 54% to $29M. Net loss
applic. to Common rose 16% to $30.4M. Revenues reflect increased delivery
volumes due to increased acceptance of the Company's services. Higher loss
reflects a $17M charge for the write-down of goodwill and assets of a subsidiary.
The reason I looked at this stock in the first place was the inside buying.
biz.yahoo.com
31-Oct-98 DRAZAN JEFFREY M Holdings 1,895,464 (i) Common - -
31-Oct-98 DRAZAN JEFFREY M Holdings 12,000 Common - -
22-Oct-98 INDENET INC Planned Sale (144) 117,855 Common - $279,905
14-Aug-98 TECHNOLOGY CROSSOVER MANAGEMENT II, LLC Bought (P) 803,573 (i) Common 2.80 $2,250,002
14-Aug-98 TECHNOLOGY CROSSOVER MANAGEMENT II, LLC Acquired (I) 933,519 (i) Common 3.54 -
14-Aug-98 DAWSON SAMBERG CAPITAL MANAGEMENT INC Bought (P) 1,553,571 (i) Common 2.80 $4,349,998
14-Aug-98 DAWSON SAMBERG CAPITAL MANAGEMENT INC Acquired (I) 2,777,225 (i) Common 3.54 -
14-Aug-98 LENIHAN LAWRENCE D Bought (P) 1,553,571 (i) Common 2.80 $4,349,998
14-Aug-98 LENIHAN LAWRENCE D Acquired (I) 2,777,225 (i) Common 3.54 -
4-Aug-98 LONDON MERCHANT SECS PLC Bought (P) 357,143 (i) Common 2.80 $1,000,000
4-Aug-98 LONDON MERCHANT SECS PLC Bought (P) 357,143 Common 2.80 $999,999
12/25/98 Price: $5.25
52-Wk High: $7.13
52 Wk Low: $2.13
Mkt Cap: $117.0 mm
Shrs Out: 22.3 mm
Float: 2.2 mm
3-Mth Ave Vol: 51 k
10-Day Ave Vol: 193 k
Short Int: 0.3 mm
Inst Own: 32.0 %
Insider Own: 90.1 %
News releases
biz.yahoo.com
I have never seen to my recollection a publicly traded
company that the insider's owned 90.1% before.
I would like to know what your thoughts on this is?
dawg |
