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-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (2046)	5/2/1998 10:12:00 AM
From: RocketMan	Read Replies (2) \| Respond to of 50264

WE OWN A TELEPHONE COMPANY! And more than that, we own the gateways to turn that telephone company into a state-of-the-art VoIP money maker, with connectivity through networks like INDOSAT to all of Australia, Asia, and beyond! And that's just the beginning! Let's see, where's Jimmy going next? Vietnam I hear :-) It's going to take a while for all of this to sink in.

To: Secret_Agent_Man who wrote (2046)	5/2/1998 10:34:00 AM
From: Jetter	Respond to of 50264

Byron, Good morning... I think I might be confused here. You say that DGIV owns TLK? I've reread the news and copied a section below, I think you meant to say that DGIV owns PT. Erakomindo Puranusa... It is a different company than PT. Telekomunikasi Indonesia (Telkom). I've been doing some DD into the telecom business in Indonesia, and would appreciate anyone sharing insights. I have also been trying to get more information about the agreements between PT. Erakomindo Puranusa and PT. Telekomunikasi Indonesia (Telkom). If anyone has insight here please educate me. Thanks, Scott 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. ''This acquisition 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.