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Microcap & Penny Stocks : DGIV -- Good Prospects? -- Ignore unavailable to you. Want to Upgrade?

To: RONALD H. RUST who wrote (83)	3/14/1998 11:25:00 AM
From: kentoo	Read Replies (1) \| Respond to of 7703

We all need to remember that this is a penny stock and as such is extremely volatile. I really dont know why the stock price has dropped so much. I would venture a guess that it has been ignored since its high. On the surface, most penny stocks look like up and coming companies with great opportunities ahead. That may be so with this company, I have not decided yet. If one decides to go long with a penny stock be prepared to see 200% paper profits disappear in days for no rational fundamental reason. Daytraders taking profits can kill any paper profits very quickly. The hint of scandal can destroy profits(NETZ, DFNL, etc, etc) even if the allegations are not proven and have yet to be resolved. Everyone runs for the door b/c everyone knows everybody else will. If the company is real and reporting, it can be very profitable to go long. Reporting penny stocks with profits will trade at P/E ratios accordingly. There is no hint of scandal with DGIV so we are safe in that respect. Most of us penny players already know above info and sorry for being redundant.

To: RONALD H. RUST who wrote (83)	3/14/1998 8:29:00 PM
From: Ward W. Ward	Read Replies (1) \| Respond to of 7703

Ronald, can you give me a link on where to find a 10-Q or a 10-K on DGIV or any other financial information? I don't find anything on Edgar. With regard to the slow decline since October of 97 I offer this suggestion: I listened to the video clip they have on their Home Page and Mr. Chin said toward the end of the broadcast that he could not respond to a certain question because they were in a quiet period (I assume an S-1 filing). The date of the broadcast was Nov. 12, 1996. On September 30, 1997 (10 months later)the company issued a PR saying that they had been approved to sell stock on the OTC BB. I think the investors at the time were hoping for a listing on the NASDAQ small cap and all they got was a listing on the OTC BB. Thus the decline. Also, in the concluding paragraph of the September 30, 1997 PR it says, "As of February 1997, audited financial statements indicate company shareholder equity of $4,688,332, and as a result, meets the requirements for NASDAQ small-cap listing. Digitcom will file for small-cap status in the coming days." If they met small cap qualification requirements in February 1997; only four months after a SEC quiet period, why didn't they get approved; in fact do we even know if they applied; and if not, why not? There seems to be something missing in the progression of things. Assuming we are not missing anything, why haven't they applied for their small cap listing since the September 30, 1997 PR that said they would be filing for "in the coming days." It's been almost six months. I'm sure that all of these questions can be answered by Digicom and I intend to pursue them on Monday. I simply offer them here for comment and reflection. I really like the .21 profit per share of this company as well as the fact they are buying back shares. But I need some more info before I jump in. Any help would be appreciated. Bill Ward