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


To: DavidH who wrote (1545)5/1/1998 7:01:00 AM
From: bullmarket  Respond to of 50264
 
Well, MAy has started with a BANG as DGIV just keeps on getting bigger and bigger!!!!



To: DavidH who wrote (1545)5/1/1998 7:05:00 AM
From: risk-averse  Read Replies (1) | Respond to of 50264
 
Digitcom will realize from $40 to $50 Million in net earnings on this acquisition over the next ten years,''
Are we here to stay or what???
A few days ago I mentioned that TLK is a big telephone company in Indonesia and that its volume tripled. Well, the company JC is buying carries traffic for TLK. Are they related? TLK's volume was also 700K+ yesterday.
They have a deal with IIT the other big tele company, and now with TLK, NO ONE ELSE IS LEFT IN INDONESIA!!!!!!!!
Regardless, now the network is expanding, and so will WE..



To: DavidH who wrote (1545)5/1/1998 9:04:00 AM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 50264
 
OH MY GOD, I JUST READ THE NEWS FAWGITABOUT IT FOLKS HOLY SMOKES



To: DavidH who wrote (1545)5/1/1998 12:17:00 PM
From: Secret_Agent_Man  Respond to of 50264
 
Digitcom Acquires Indonesian Telephone Company

SANTA MONICA, Calif., May 1 /PRNewswire/ -- Digitcom Corporation (OTC Bulletin board: DGIV - news) announced today its signing of a letter of intent to acquire PT.Erakomindo Puranusa of Jakarta, Indonesia, in a combined cash and stock deal.

Erakomindo is a telephone company serving Jakarta customers with central office facilities and 60,000 lines.

Erakomindo's key management will remain in place under terms of the agreement.

Aquisition will provide Digitcom with central office and
network assets and immediate revenues
from our presence in Indonesia,'' said Jimmy Chin, Digitcom CEO.

Erakomindo Puranusa owns telephone central office switching facilities and networks of 35,000 lines and 25,000 lines in the capital city.

The facility is managed by, and carries traffic for PT. Telekomunikasi Indonesia (Telkom), Indonesia's largest domestic
telecommunications company.



Contracts with Telkom guarantee a baseline of revenue for ten years, with the possibility of increased traffic revenue in the contract periods.

The current arrangement with PT. Telkom gives us a foundation of assured revenue to build on with this acquisition.

Digitcom will realize from $40 to $50 Million in net earnings
on this acquisition over the next ten years,'' said Jimmy Chin, Digitcom CEO. ''

In addition to revenues from the existing contracts, we look forward to initiating streams from enhanced services to existing customers, pending Telkom's agreement,'' Chin continued.

Digitcom is an International Telecommunications and data network company working with regional and national telephone companies internationally to establish international long distance networks.

The company is a leader in Internet voice communications technology.