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

To: ~digs who wrote (26935)	9/23/1998 8:38:00 PM
From: Moosie	Respond to of 50264

I agree protege, the best thing to do is ignore it. moosie

To: ~digs who wrote (26935)	9/23/1998 8:45:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 50264

You're right, it is useless to post to him.

To: ~digs who wrote (26935)	9/23/1998 9:15:00 PM
From: ayahuasca	Read Replies (4) \| Respond to of 50264

Here we go. This is going to be a bit shorter than the one I lost because I am just tired of typing. I went to the expo this afternoon. NMSS was prominently situated towards the entrance. There were about 15 or so little booths within the NMSS area. All of these were NMSS partners of some kind and had various pamphlets, info, trinkets etc. Most of the booths were busy and were manned by two people usually. The Digitcom booth was among these but they had no documentation or any other doodads. There was only one person stationed at the booth, Bob Dunagan, Director of Sales and Marketing. He was very amiable and was seemingly open with me. We spoke for about 35 minutes. I came armed with a slew of questions that I was hoping to get some clarification on. The first thing I wanted to know about was the SB-10. He didnt know a thing about it. He told me that he does not get involved in that kind of stuff. 'Im just a sales and marketing guy'. Hmmm. I explained what it was and why it was of importance to me and any other investor in the company. He shrugged. OK maybe Bob just isnt in the loop on that. Frustrating but OK, next question. I asked how we were doing with Louis International and whether we had started to receive the $1 million a month that was mentioned in the press release. To my shock he said he had never heard of them. What?!? Couldnt believe it. Next I asked him about the Indonesia operations. To be brief he tells me that the troubles there (and in Russia for that matter) were much worse than they had anticipated. At the moment any agreements there are in limbo, and there is nothing going on. DGIV never completed their investment in Indostat and that IP company. Basically, Indonesia and Russia are a wash according to Bob Dunagan. I told him that I was well aware of the problems in these countries and I figured Digitcom was as well. I thought the purpose of going into these markets now, during times of turmoil, was to take advantage of the pricing pressures and rock bottom prices. He said that was the intention but it was just much more complicated than they thought. I see. Next I asked about the projected revenues for 1999. Earlier this year $70-$100 million was the number that they seemed to be shooting for. I asked if this was still possible. He said maybe BUT the profit margins would be alot tighter than they initially thought. The revenues MIGHT be there (although I dont see how) but the profits would not (at least to the extent that they initially hoped). He went on to say that they are engaged in a number of discussions right now with various parties around the world. He could not tell me who, of what magnitude or anything else. He said that the governments and companies they talk to are very wary of having any potential agreements discussed publically. I didnt ask about Germany or Egypt or any of the others because I just didnt have the time, and frankly, with the responses I got so far I was afraid what I would find. Jimmy Chin was nowhere in sight although I was told he was in town. Bob gave me the impression that alot of the things they hoped for earlier this year just collapsed on them and that they are now 'going in new directions' whatever that means. Clearly Bob was not there to address investor questions or concerns. All his answers made me want to run away screaming. That is the very brief version of things. If anyone has any questions or anything I will answer to the best of my ability. Today was not encouraging.