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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (818)	6/15/1999 10:47:00 PM
From: john	Read Replies (3) \| Respond to of 150070

DIGG, since we have a firm July 4 1999 date SSP, from Raging Bull saves me a lot of writing, I think he has summed up DIGG press releases very well, I'm glad to see that someone has started a forum on DIGG. Thanks, Jonboy. I've been following DIGG since last February, and have salted down some shares in the $2 range. I guess I should have waited for the shorters to do thier dirty work, but feel certain they'll give all long shareholders quite a “lift” one of these days. Their demise is probably numbered in weeks, if not days. I have looked at DIGG from top to bottom and I am extremely impressed, but perhaps for different reasons than everyone else. If DIGG goes to $10 per share by July 4th, or shortly thereafter, based on ever increasing positive speculation over their Internet portal, then I am sure that the company will utilize the enhanced share price to raise capital for their petro-energy division at far higher prices than normal. Under this scenario, everyone will win HUGE as the company would have achieved its leveraging goals. However, what if the stock merely runs to between $2.50 and $5.00, what then? Well, for one thing, I'll be out of 33-50% of my shares at those levels and will have half of my position paid for, including taxes. Not bad! A negative effect of the stock not running up to double digits would be to portend slower growth in DIGG's oil & gas division, as the company would not have the excess cash for buying leases or production. its leveraging scheme would, at least temorarily, have failed. On the other more positive side of the coin is that it looks like the contract in China is a service technology contract that doesn't require the company to invest its own capital. That being the case, if that contract netted even $20 million per year, nevermind $200 million, we would DIGG will be a huge winner. It appears that whether DIGG goes to $10+ on Internet speculation next month or not, the company could still be a big winner in oil & gas, only less so then what management would have liked. Having considered all of the above, it is NOT the potential Internet run-up, the major killing in leveraged oil & gas, OR, the potentially huge China contract that interests me. What interests me most of all is the deal with Coates International for the specially designed Coates engines that run on natural and other gases. I have talked to Coates and have received his company's marketing package. Coates is a first class operation having all the technical expertise to make and manufacture in quantity anything that Detroit can produce in the way of engines. Their rotating spherical valve technology in my opinion is a revolutionary advance in internal combustion engine technology. Their deal means with Digital Gas means that DIGG could go into the electric power generating business in a big way, either, as a worldwide marketer of the machines to oil & gas companies OR as a principal supplier of natural gas and electric power itself. Some of you might not know tht it is a routine procedure in the “oil patch” that natural gas is usually the first stuff out of the ground and is considered a nuisance. Hence it is flared off sometimes for months wasting many BTUs of energy. A portable generator using a Coates 1000 H.P. V-8 engine to power it could be chugging out 700+ KWH every hour of the day to yield a revenue of over $800 per day. (Assumptions: 1 H.P. = 746 watt; generator efficiency is 94%; wholesale cost of electrical energy = $0.05/KWH). This works out to almost $20,000 a month. There is no telling hjow many engine/ generator sets could be run by one gas well. Coates himself told me that the engines can use any kind of fuel, even wood pyrolysis gases. (The Germans ran their diesel trucks off “wood gas” during WWII, but the engines had to have a “valve job” done about every 8,000 miles.) Coates engines with the spherical valves have large intake and exhaust portals that are self cleaning. When I bought Digital Gas initially, I didn't know Coates was going to be on the platter. When I first saw the Press Release, and then looked into the company, I wished there was a way to buy stock in Coates. I have been very, very impressed by the Coates technology. Owning stock in DIGG, which will be utilizing and marketing Coates products, is the closest way anyone can come to owning a piece of Coates at this time. DIGG is holding four aces, if not a royal flush. It's only a matter of time. High on DIGG! FATS