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Microcap & Penny Stocks : Telscape (TSCP) & PointeCom (previously C-Com) -- Ignore unavailable to you. Want to Upgrade?


To: Jimi Plym who wrote (100)7/31/1998 6:21:00 PM
From: Jimi Plym  Read Replies (1) | Respond to of 152
 
Nice market reaction to the news today:

Charter Acquires Pointe Communications Corporation and Names Gary D. Morgan President and Chief Operating Officer

HOUSTON, July 31 /PRNewswire/ -- Charter Communications International, Inc. (OTC Bulletin Board: CHTD - news) Chairman and CEO Stephen E. Raville today announced that Charter has acquired Pointe Communications Corporation of Miami, Florida. Pointe Communications is a private company entering the telecommunications market as a competitive local exchange carrier (CLEC).

In conjunction with the acquisition, Gary D. Morgan, the founder and current CEO of Pointe Communications, will assume the position of President and Chief Operating Officer of the combined companies. Mr. Morgan has 22 years experience in the telecommunications industry, and for the last 19 years has held various senior level positions with Lucent Technologies, Siemens, and Nortel. . .

biz.yahoo.com



To: Jimi Plym who wrote (100)8/1/1998 8:35:00 PM
From: Angler  Read Replies (1) | Respond to of 152
 
To: James Plymale

Thanks for clearing this up I think.
My FOX system news provider on line responded with an item dated 7/31
that Paul Allen had bought 4.5 billion dollars of CHTD. I
was accessing that symbol so it must a real boo boo!

It appears that this BB Co. could not be worth 4.5 Billion....
Do you have more infor as to which CO he bought or is it a private CO?

Angler