Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Richard B. Haenisch who wrote (6481)	4/23/1998 12:07:00 PM
From: RocketMan	Respond to of 7703

Rico, I learned my lesson the hard way. I had lost money on several BBs before DGIV came along, and had almost given up on anything other than a blue chip. However, once I had done my DD on DGIV I decided I was going long and swinging for the fence with this one, even though I had shied away from the "typical" internet stock. This one looked different -- small float, committed and focused company, contracts being signed, stock buy back in effect. However, I began thinking that I could find another DGIV, and even though I did not sell any DGIV shares I bought into some other potential blockbusters. Well, some went up but more went down. So I pulled out of them and bought more DGIV, something that I feel that I know. Is there another DGIV out there? I'm sure there is. Would I be lucky enough to find it, and get in at a low enough price? I doubt it. And while looking for it, I will be losing out on the DGIV ride that, IMHO, has yet to really start. Yes, that is what I said, it has yet to start. If you recall, this stock had been assessed at a fair market value of $8 just based on trailing earnings, and we are only now approaching that point. The only reason the stock had been undervalued was because of professional shorters that are now on to weaker stocks. And this $8 figure was before the current flurry of contracts and the widening realization that VoIP technology is real, and is here to stay. And the further realization that the emerging nation VoIP market is huge! Not to mention the way JC has been able to work "win-win" deals with foreign governments that are difficult to penetrate. As we saw with dwlima's early valuation, the target price for this stock may be larger than we can even imagine. We will know much more when he comes out with his valuation spreadsheet and, of course, when we get the audited financials. But I firmly believe that in the near future 7, 8, 9, or 10 dollars will look like a joke. Will DGIV correct at some point, as dginvestor says? Of course it will. More than once. Every stock does. Will I sell? Nope, I am with dginvestor in that this is the rocket I am riding. I am not smart enough nor lucky enough to find another one like this, and so why chance it? I own other, more stable stock, but without nearly the potential of this one. I will keep that stock, but will maintain my position in DGIV and even enlarge it, depending on how its growth progresses over the years.