To: LoneStar who wrote (17913 ) 7/12/1998 4:27:00 PM From: MARK BARGER Read Replies (2) | Respond to of 50264
Just checking in. A lot of messages after a relatively depressing DGIV week. I see we have 1 basher trying to hold down the fort this weekend. He may be right, he may be wrong, where do you want to put your money? I spoke with Mr. Templeton last week, he would make no revenue projections for '98 but said that indeed they feel comfortable with '99 revenues in the $75-$100 mil. range. I personally feel that this is a big time low ball estimate. You can bet that if they are publicly stating this number they feel it is a slam dunk. At any rate most of the Qwest, IDTC-type telecommunications companies have price-per-revenue ratios in the 5-10 range. If we price DGIV based on '99 revenues of $100 mil. with a P/R of 5, with 18 mil. shares outstanding, that gives us a value of $27 a share. Admittedly, there is no such thing as a sure thing. But, if indeed the news releases we are looking for in July start showing continued world wide growth of DGIV's IP network, look out. Right now, DGIV is susceptible to the "scam bashers". I can see their point. Delayed filings, delayed news releases, who knows what is going on behind DGIV's closed doors. There is always a chance that lack of financial backing or poor management will cause DGIV to flounder and never get off the ground. Certainly the stock price of late seems to indicated that many investors may have that concern. I personally don't think that we don't have long to wait to see which version of DGIV will emerge. In the next 4 weeks DGIV will have to put up or shut up. Right now I have no ammo. with which to combat any of the naysayers. Maybe DGIV will fall flat. But, if they can follow thru on their projections for '99 I stand to make a lot of money in the next 12 months. If in the next couple of months, DGIV proves that it can't get off the ground, well, you win some and you lose some. But at the worst case, I don't see DGIV going belly up. Somebody will be willing to buy out the deals they have already closed out. Go for it naysayers! You may end up being right, but I know I'd sure as heck rather be long than short right now. This week hopefully will give us a taste of what is to come for the rest of the month. Looking for the turn around to begin this week. Mark