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To: Howard C. who wrote (27714)9/29/1998 4:07:00 PM
From: Scott Kleinhans  Respond to of 50264
 
Natural Microsystems is a participants in the VON Coalition.

Tuesday September 29, 9:01 am Eastern Time
Company Press Release
Voice On Net Coalition Announces Incorporation
Leading Computer and Telecommunications Companies Unite to Represent the IP Telephony Industry, Hold First Member Meeting
WASHINGTON, DC--(BUSINESS WIRE)--Sept. 29, 1998--Twenty two Internet leaders today announced the official launch of the Voice on Net (VON) Coalition as an incorporated non profit organization. Originally formed two years ago, the VON Coalition intends to continue to recommend action on regulation and legislation that affects public policy of the Voice on the Net industry, and to educate regulators, legislators, media and consumers worldwide about VON technologies, products, benefits, and practices. Current participants in the VON Coalition include Founding members 3COM, Brooktrout Technology, Cisco Systems, Dialogic, Intel, ITXC, Microsoft, Natural Microsystems, Netspeak, Polycom, Portal Software, pulver.com, USA Global Link, and VocalTec Communications, and Members Clarent, Dynamicsoft, Lucent Technologies, PakNetX, Poptel, Tele Danmark R&D, Vienna Systems and VIP Calling.
biz.yahoo.com

Scott



To: Howard C. who wrote (27714)9/29/1998 4:10:00 PM
From: canon ball  Respond to of 50264
 
about time some one said some thing about that company
louis International. from what I know that is a done deal.

sandman and thanks all for the nice words



To: Howard C. who wrote (27714)9/29/1998 4:31:00 PM
From: ayahuasca  Respond to of 50264
 
H.
It seems that no matter what, some people will think DGIV has done nothing wrong. sandman has posted numerous times that DGIV has not lost any contracts, not promised anything they didnt deliver on etc. I think that is just as ridiculous as those who think DGIV is a scam. Neither is the case, as far as I can see.

<<Terms of the agreement commit Louis International to bring $1 Million
per
month or more in traffic to Digitcom's U.S. telephone switching facility within 90 days of signing.{3/13/98}>>

Now, one could say that this release doesnt say that the agreement was signed. Fine. Then it is just a misleading statement (why release anything until the agreement is signed?).

Anyway, there are plenty of examples like this. The fundamentals ARE different.
and
YES it takes time to create a business.
YES things can arise that were unforeseen and can change the dynamics of a situation.

What we have here, IMO, is a company that is trying to make a name for itself in a tumultuous and complicated world. DGIV is not the shining star that many here (including myself) thought it was. It is a small company with a plan. To date, that plan has been anything but successful. Is it too early to judge them. Yes. Is it right to hold them responsible for broken promises. Yes. Is it right to be critical of them (or any other company). Most certainly. Do they have a chance to succeed in the future. I believe they might. It wont be easy but I think they are trying.

As I stated I sold a bunch of my shares. I also bought most of them back over the last couple of days at greatly reduced prices. Why? I think the share price represents an overreaction and I am hoping that something positive will spring from the company shortly. It is a gamble to me, not an investment. If they get their act together and put out some information I can verify and believe in then I can begin to think of this as an investment instead of a shot in the dark.

Until then.



To: Howard C. who wrote (27714)9/29/1998 7:30:00 PM
From: Lazarus Long  Read Replies (1) | Respond to of 50264
 
Howard...

My mistake... they did not indicate that it was a letter of intent. My apologies, I was wrong. What they actually said is:

>>Digitcom Interactive Video Network, referred hereafter as Digitcom
Corporation (OTC Bulletin Board: DGIV - news), announced its agreement with Louis International Telecommunications & Equipment to provide U.S. International long distance circuits and termination for Louis International's European call re-origination services and international long distance services. Terms of the agreement commit Louis International to bring $1 Million per month
or more in traffic to Digitcom's U.S. telephone switching facility within 90 days of signing.<<

The unedited version of the PR is posted here:

exchange2000.com

Note that there is no date indicated other than the date of the PR.

My contention is that this press release did not exactly state that the contract was signed. They did say there was an agreement (could it have been verbal? MOU? Letter of Intent? I don't know.) They basically said that the $1M per month would come within 90 days of signing. They did not indicate the signing had happened.

Now before I get lambasted for defending the company on this... I am not. I believe that even IF the agreement (read: contract) had not been signed, then the PR was worded to imply that revenues would certainly start shortly.

And I agree... I do believe that many people depended on this revenue in their DGIV purchase decisions. A similar case could be made with the Egyptian Telco PR.

I personally find it disconcerting, at the least, that the company has not rectified this perception, which I believe they engineered.

I also agree with you Howard, that statements indicating that the company has lost no contracts don't make sense... the company has no IP telephony contracts that we know about, so of course, they cannot have lost them.

Furthermore, in my mind, they clearly indicated that the 10-SB was to be filed on a certain date and they did not deliver.

All the above notwithstanding, I still believe that Mr. Chin's intent is to fix these wrongs... or at least not make them again. The lawyer that they have hired also seems to be intent on the same path. That is goodness, IMO.

Lazarus