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


To: Steven G. Trapp & Company who wrote (22007)8/17/1998 12:44:00 PM
From: ~digs  Respond to of 50264
 
Folks, in an effort to give both sides of the story, I would like to post a message that I found on the TELS yahoo thread (not from Steve Trapp):

"The deal is not dead between the candian entity and TELS. Surprisingly enough,
management probably has done shareholders a favor by not jumping on the initial offer
made by the canadians, since other companies have begun to show interest (I am not
aware of DGIV being one of them). My info is that there are now 3 companies talking
with TELS at the moment, and that management is listening for the best deal. So
negotiations could take a little longer than if there were just one player."

Remember DGIV is not Canadian. It is my belief that any negotiations between DGIV and TELS have ceased. IMO, they are looking to merge/acquire something much larger... no idea on the time frame though.