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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus Long who wrote (46114)	7/8/1999 3:00:00 PM
From: Tod C	Read Replies (7) \| Respond to of 50264

Just spoke with Roger. He's in good spirits. He believes last weeks trading volume triggered the suspension since they have been talking with the SEC for many months, haven't desiminated any press releases since January after learning the hard way what they can and can't release. Letters of intent are not the same as contractual agreements. He also indicated the volume was not all from MM's covering because they have indications that part of the buying was from overseas financial interests that are aware of current negotiations. They have bought and shipped equipment. He is comfortable with the Chinese and Taiwanese agreements and a good deal of work has been done on Egypt as well. The termination agreements are moving ahead. DGIV's deadline with the SEC is 11/30 to get the financials but there internal time frame is this month and that may change to 7/21 after today's announcement but he hasn't been told that. Financial trouble? Maybe not. 1) Lot's of DGIV employees are still frequent flyers so much so that it is hampering the timeliness of the audit. Traveling is expensive especially overseas. 2) A company in financial straights usually sells stock. I believe the amount of shares outstanding has been relatively unchanged over the past 6 months. Didn't someone verify the outstanding shares with the transfer agent? I haven't really kept track for a while. 3) NMSS has acknowledged sale of equipment to other investors. 4) Several investors on different occasions have visited the corporate offices and spoken with Jimmy. That was a while back. Roger even added the company goal is to still be sufficiently capitalized to get off the OTC. I just wanted to put up a little of what I heard today. I agree this is bad news. Hopefully, it will turn out for the best. Wonder when we begin to see all those "I told you so's." Just keep a list, ifnwhen it turns out OK, we'll have to oblige them with same. I spoke with Cheryl too, but she didn't have any further info, just what Roger gave her this morning. From her past and continued conversations with DGIV, she is still confident in the company. Hiccup or hell? T PS. Not having good luck with the BB stocks.

To: Lazarus Long who wrote (46114)	7/8/1999 3:05:00 PM
From: Bill C	Respond to of 50264

I wish the SEC's justification for the trading suspension had not been so obtuse. Evidently, the SEC doesn't hold itself to the same full disclosure requirements to which it holds companies. I mean, look carefully at its statement. What does it really say? ...The Commission ordered this trading suspension because questions have been raised about the adequacy and accuracy of publicly disseminated information concerning Digitcom Interactive Video Network, relating to the company's financial condition and the nature or existence of agreements and contracts with overseas private and governmental entities. The Commission determined that the public interest and the protection of investors requires a suspension of trading in Digitcom securities. Rather than helping investors with a clear and complete reason for the DGIV suspension, the above boilerplate statement has created fear and uncertainty in much the same way that bashers' attacks do! Innuendo, partial info, etc. Investors deserve better! As an investor, I want this government agency to execute its charter and provide the following: 1. A complete reason for the suspension. What specific "...questions have been raised...."? To what specific "...information relating to the company's financial condition...etc." is the SEC referring? Is the SEC referring to Mr. Chin's television appearance when it writes "...publically disseminated...", and if so, what did he say exactly that the SEC has found objectionable? Are SEC examiners saying they are skeptical about Mr. Chin's statements, or are they calling him a liar? 2. A description of what to expect next - a hearing? If so, when? - report from the company? If so, by when and what must it cover? BTW, I don't see anything in the above SEC statement to suggest that SEC examiners acted in response to the heavy volume and price run-up last week. It sure would be nice for them to say so if that were the catalyst.