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

To: Jim Bishop who wrote (1226)	6/21/1999 10:32:00 AM
From: SSP	Respond to of 150070

By: Will_e55 Reply To: 1 by MAYSO69 Thursday, 3 Jun 1999 at 10:17 AM EDT Post # of 4 Here's the deal with TDCM---I've done extensive DD and have spoken with the ceo (tom biddix) several times. 1. Co. merged with a shell a few months back. Turns out the books were a mess and Pre-cell had to hire auditors (at considerable expense) to straighten everything out. With a lack of press releases, stock lost MM support and went from over 2 bucks to .02. 2. TDCM (turbo-data.com---i.e Pre-cell solutions) has three distinct businesses-- --CLEC (competitive local exchange carrier), including Precell Family Home services, which is being advertised nationally on selected programs). --Voice over IP --Internet information services (including development of a remote device for automated readings of meters, etc.) 3. Float is only 1.7 million shares. Total outstanding is around 32 million, but bulk are tightly held by CEO. NO REVERSE SPLIT of the float---I confirmed this. 4. PR"s should be upcoming soon (next 30-60 days) including: --release of audited 10k and 10q (will show healthy revenues for CLEC) --Progress report I'd like to give more information, but I'm being a little selfish here. I would suggest accumulation then BEING PATIENT. I firmly believe long term investors will be well rewarded in time. Call the company if you need further DD.