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

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To: kikited who wrote (125)5/17/1999 8:31:00 PM
From: Jimi Plym  Read Replies (1) of 152
 
Quotes from today's news release:

''This investment from experienced private equity telecom investors affirms the soundness of our Hispanic market CLEC plan,'' said Stephen E. Raville, Chairman and CEO of Pointe Communications. ''Combined with our secured vendor credit facilities, we now have the necessary financing in place to support rapid implementation of our U.S. and international CLEC networks,'' added Raville.

Sandler Capital Management, Managing Director, David Lee, commented, ''As a facilities-based CLEC focusing on small to medium size businesses and residential customers in Hispanic population centers in the U.S. and paired international markets in Central and South America, PointeCom is uniquely positioned to capitalize on the significant traffic patterns between these complementary destinations. The Company's initial deployment of CLEC markets will be in Miami, Houston, Los Angeles, and El Salvador. Pointecom's strategy of being a facilities-based provider and acquiring customers via unbundled local loops, creates an excellent opportunity for the introduction of higher margin, value added products and services.''

biz.yahoo.com
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