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Microcap & Penny Stocks : MIDCOM COMMUNICATIONS INC

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To: LT who wrote ()5/11/1999 3:01:00 PM
From: LT   of 2
 
Here is Information but it's old hasn't been updated in quite awhile, 1997.

Address:
26899 Northwestern Hwy, Suite 120
Southfield, MI 48034
Phone:
(248) 304-1780
Fax:
(248) 208-9225
Sector:
Services
Industry:
Communications Services
Employees:
527
Officers:
John M. Zrno, Chmn.
Paul Pfleger, Vice Chmn.
William H. Oberlin, Pres./CEO
Robert J. Chamberlain,
Exec. VP/Treas./Asst. Secy.
Kevin Smith, Exec. VP/CFO.

Financial Links
· Company News -No recent news
· Latest Stock Price quote.yahoo.com
· raw SEC Filings sec.gov

Company's Web Presence
· Home Page

· Search Yahoo! for related links...

Business Summary

MIDCOM Communications Inc. provides long distance voice and data telecommunications services primarily to small and
medium-sized commercial customers. For the nine months ended 9/30/97, revenues decreased 40% to $74.3 million. Net loss
decreased 10% to $69.5 million. Revenues reflect customer attrition in acquired customer bases and the loss of sales from a
customer base in dispute. Lower loss reflects a reduction in non-recurring charges ($4.9 million vs. $23 million).

Checking out the home page at mdcom.com

Looks like they might more into the networking systems area rather then long distance phone service right now.

I see a bankruptcy and a receivership in their past history under the SEC filings. Something is renewing interest though.

LT
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