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


To: Lazarus Long who wrote (21415)8/11/1998 4:35:00 PM
From: Dolfan  Read Replies (1) | Respond to of 50264
 
My opinion on the NMSS/DGIV deal is NMSS may become a partner by adding both Equipment/Technical Engineering...And maybe some customers!
NMSS may want to do a strategic aliance with Digitcom.

100 Million shares authorized?
NMSS is a Nasdaq listed Company already...hmmmmmmmm
NATURAL MICROSYSTEMS (Nasdaq: NMSS) Closed 12 7/16

With all the customers NMSS has why the mention of DGIV on CNBC!
Time will tell and I think we shall know something soon.

These are only my Opinions!
Regards,
Mark



To: Lazarus Long who wrote (21415)8/11/1998 4:56:00 PM
From: Bird  Read Replies (2) | Respond to of 50264
 

It seems Smartalk Tele.' Inc. was THE worst hit stock
today and happens to be in DGIV's industry.
Their problem, as indicated in today's press release
below, involves "misleading the public by claiming that
Smartalk was expanding its business opportunities through
favorable distribution agreements with other companies"
Sound familiar?

NASDAQ as of 08/11/98 16:09 ET
ÿ Symbol Company Last Volume Change
ÿ SMTK SMARTALK TELESERVICES INC COM ÿ 7 5/32 13724300 -9 15/32
ÿ

NEW YORK--(BUSINESS WIRE)--Aug. 11, 1998--A class action lawsuit
is being filed today in the U.S. District Court for the Eastern
District of New York by the law firm of Weiss & Yourman on behalf of
purchasers of SmarTalk Teleservices, Incorporated (NASDAQ:SMTK.O) common
stock between August 14, 1997 and August 10, 1998 (the "Class Period")
to recover damages caused by defendants' violations of the Securities
Exchange Act of 1934.
The complaint alleges that defendants, while amassing over $50
million in proceeds from insider sales of the SmarTalk stock,
concealed from the investing public the fact that they had been
committing gross violations of the federal securities laws, including
misleading the public by claiming that SmarTalk was expanding its
business opportunities through favorable acquisitions and distribution
agreements with other companies and that the Company was generating
"record" financial results. The complaint alleges that SmarTalk failed
to disclose to the investing public that: a) they artificially
recognized the sales figures announced during the Class Period; b)
they were recognizing revenues prematurely and improperly in violation
of GAAP; c) SmarTalk's distributors were not selling prepaid cards at
the levels represented; d) SmarTalk's management was encountering
severe difficulties in integrating the companies acquired; and e)
defendants were not controlling costs.
On August 10, 1998, SmarTalk announced that it was postponing the
release of its quarterly results due to SmarTalk's auditors
questioning SmarTalk's accounting methods. This news caused SmarTalk
shares to drop over 60 percent on extraordinary volume.
If you are a member of the class described above and wish to
serve as class representative, you have until 60 days from the date of
this notice in which to move the Court to serve as lead plaintiff, if
you so choose. In order to serve as lead plaintiff, however, you must
meet certain legal requirements.
Plaintiff's counsel are preparing a database of those
shareholders who have lost money due to SmarTalk's alleged securities
fraud and wish to participate in this action. If you wish to
participate in the suit, or have any questions concerning this notice,
or your rights or interests with respect to this matter, please
contact plaintiff's counsel, James Tullman or Behram Parekh of Weiss &
Yourman via e-mail at wyinfo@wyca.com, by calling 1-800-437-7918, or
on the Internet at www.wyca.com or Joe Weiss or David Katz of Weiss &
Yourman at 888-593-4771. Please include your name and address in all
correspondence. --30--rc/ny* CONTACT: Weiss & Yourman
James Tullman or Behram Parekh, 1-800-437-7918
wyinfo@wyca.com or
Joe Weiss or David Katz, 888-593-4771 www.wyca.com
KEYWORD: NEW YORK
INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED
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