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


To: Joey Two-Cents who wrote (4780)4/17/1998 8:51:00 AM
From: Mr. Miller  Respond to of 7703
 
Actually, since being listed in the pink sheets we are up only 250%.

Has everyone caught the URL's on Indosat? I suggest you read them, since we are JV partners with them.

The stock will be supported above $4 to ensure listing.

The news the last few days is good, but there is little meat in them, Dr. Meade. This is why so little reaction. Opening an office and announcing LAST year's results pretty much unrelated to IP activity is pretty meaningless. However, it does say something about the company's ability to make money. We will need to read the 10-K for specifics though. No outstanding news yet. A confirmed deal of sorts with Indosat would be a big step for this company. The buying is all on news right now. Anticipating the deals. You want to place a value on this company? Is short-term $3.75 fair value or $37.50? Investors will make that choice, but with each deal this company gets more valuable, and with each alliance with credible, large companies such as Indosat, we gain new investors...

There will definitely be a major spike from any offical press release regarding Indosat, but you must know that there will not be serious profit-taking until the press releases dry up or the deal is announced. Your point is well understood, but simply saying a stock will drop so much is as useful as any of us longs saying it will go to $10.

Miller