To: CoffeePot who wrote (15431 ) 6/24/1998 2:53:00 AM From: PAT JENNING Read Replies (1) | Respond to of 50264
I believe somebody else said about 2000 messages ago that the real task in IP telephony is not building the technology but establishing the business relationships and getting the contracts. IP telephony is on the brink of revolutionizing the telephone industry. In its industry, it is where the internet was six years ago, and where television was in the late forties. Not perfect, but getting better very fast. Somebody and some companies are going to make a great deal of money in this technology. Digitcom may well be a significant player or just a niche player. It has experience in the technology, especially in Internet Fax and Interactive Video. And the company has already demonstrated its ability to build the necessary business relationships. Even if it is just a minor success, the price of its stock should rise well beyond the current valuations or any valuations it has yet achieved. Could it all be a scam, as has been suggested often enough on this thread? Such things are possible. Southern California has seen bigger frauds, such as the Julian Petroleum scandal of the late twenties and the Equity Funding case of the seventies. If so, then a lot of us, including me, are going to be out a great deal of money. And I imagine the people involved in the scam are going to end up in prison or worse. Personally, I don't believe any of the reports that there is fraud here. I've noticed too many contradictions in the postings of the "naysayers", such as David Fidler's initial claim (post 13857) to be a worried unsophisticated investor -- the same person who has hounded this thread along with his cohort, ANALYST10. I don't know what the motives of these individuals are, but the more I dig into Digitcom and its business, the more assured I am that it will prove a winner in the long run.