Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jimi Plym who wrote (113)	1/6/1999 9:28:00 PM
From: Jimi Plym	Read Replies (1) \| Respond to of 152

Pointe Communications Corporation Announces Engagement of Investment Bankers for $30 Million Financing and $4 Million Bridge Funding ATLANTA, Jan. 6 /PRNewswire/ -- Pointe Communications Corporation (OTC Bulletin Board: PCOM - news) Chairman and CEO Stephen E. Raville today announced that the company has engaged investment bankers to assist in the private offering of $30 million of the Company's convertible preferred stock. The Company intends to use the net proceeds of the offering to fund the development of its domestic and international communications network, to repay indebtedness and for working capital and other general corporate purposes. biz.yahoo.com