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

To: bullmarket who wrote (36319)	1/16/1999 3:07:00 AM
From: Dolfan	Respond to of 50264

Nice Post Bull, can anyone answer the question of the status of Digitcom's acquisitions that were mentioned last year? The Asian ISP and Phone Company... Mark

To: bullmarket who wrote (36319)	1/16/1999 3:13:00 AM
From: risk-averse	Read Replies (3) \| Respond to of 50264

Reading the release tonight, I am actually happy to hear about the teltek stock option of 1.5 dollars. So, while I wished they had incorporated that information in the original version so we are not detracted by the perception created by a correction, the fact remains that teltek thought dgiv will be much higher than 1.5 dollars/share , and that is why teltek settled for the option of 1.5. today, the share price is 1.5. yet, the company with whom DGIV will be doing lots of important business in the future has decided that DGIV shares will be worth a lot more than today's closing price. THAT IS GREAT NEWS, FOLKS!!!! again, try to overlook the perception of a correction and focus on the information contained therein. You would like it!!!!!!!!!!

To: bullmarket who wrote (36319)	1/16/1999 3:52:00 AM
From: paulmcg0	Read Replies (1) \| Respond to of 50264

[[since teltek has the licenses needed in these countries]] You must work for the Clinton Administration, trying to put that kind of "spin" on the situation! The press release (see biz.yahoo.com says: "In addition, the Joint Venture Agreement with Teltek requires Teltek or its affiliates to secure for the Venture certain carrier and network licenses for data-related business services in the United States and China before the Joint Venture can be implemented. Teltek has represented that it has in its name certain of the licenses that may be required." "In this connection, in consideration of Teltek and its affiliates obtaining the necessary licenses on behalf of the Joint Venture so that Digitcom may operate as an Internet Service Provider for voice/data for the Venture in China, Digitcom will grant to Teltek options on Digitcom stock at $1.50 per share in a dollar value equal to the commission paid by the Venture to Digitcom in the first year of Venture operations." Yes indeed, they may or may not have the necessary licenses... I raised this issue about licenses before the clarification came out in Message 7299447 but the response of this thread was to try to shout me down or ignore the issue.

To: bullmarket who wrote (36319)	1/16/1999 7:54:00 AM
From: Lazarus Long	Read Replies (3) \| Respond to of 50264

Good Morning Bull... ... and the rest of us DGIVAHOLICS! After having reviewed all 3 PR's dealing with this matter, I came to the same conclusion as you... It is important nOT in the immediate revenues, but in the revenues to come, IMO!!! The best I can tell is that we have an international LD carrier (Teltek) trying to get something going between the U.S. and China. The Company recently established network termination facilities in the United States. It also seems that this is not an easy task and they may have been working on it for quite a while. Part of the quote attributed to Mr. Chin: ''Our appreciation goes out to Mr. Hsieh and Teltek for their long-term effort in opening a valuable telecommunications link with China. We are very fortunate to cement Digitcom's relationship with Teltek Communications with this JointVenture.'' It would seem likely that Teltek has some confidence that they can get their minutes in going from China to the U.S. However, China is probably not going to want to see that traffic going all one way. Mr. Chin had explained to me that often a requirement for doing business in some of the countries is to provide back some or all of the minutes that are "leaving" the country. I would not be surprised if that is the case here. This is where Digitcom comes in... Teltek "needs" Digitcom to provide some of the reciprocal minutes. Apparently, Digitcom has some idea of how to acquire those minutes... ''Our joint venture means that Digitcom can now respond to the many requests for toll-quality long distance between the U.S. and China that have been made of us,'' said Chin. For its efforts, Digitcom will get a 1 cent per minute "commission." Hmmmm... This is curious at first blush. When I talked to Mr. Chin, he described "small" deals as between $1-5M. Sam calculated only $480K in "revenues" for this agreement in the first year. This is certainly not the size deal that Digitcom has been courting. Besides, one could hardly consider this "commission" as "revenue" - it is more like an intricate sale of assets... stock being the asset. I believe no increase in the number of authorized shares would be required and yes, it would be dilution. But, as Sam points out... it gets cash flowing... So, that can not be all that Digitcom gets from the deal... In this connection, in consideration of Teltek and its affiliates obtaining the necessary licenses on behalf of the Joint Venture so that Digitcom may operate as an Internet Service Provider for voice/data for the Venture in China,... I believe this is the crux of the agreement for Digitcom. I can only think that it must be horribly difficult and time consuming to come to a point to be able to do business in mainland China. Teltek would be paving the way for Digitcom to operate as an ISP in China - and that would open the way for enhanced benefits to both parties. I would think that both parties have their eyes trained to that goal and ultimately providing IP telephony service to mainland China. So in conclusion, it appears that Digitcom will give up some stock and provide Teltek with U.S. to China minutes and in return will receive a current cash inflow, a partner with a vested interest in Digitcom doing well, and the possibility of becoming an ISP operator in China. Lazarus

To: bullmarket who wrote (36319)	1/16/1999 11:30:00 AM
From: Ronaldo	Respond to of 50264

Hi Bullmarket: As I read the clarification I am amazed to what absurd extent a lawyer, or whoever wrote this (an infitrated basher?), feels compelled to describe the obvious. "Digitcom does not, at this time, have commitments or customers to deliver such minutes, and while Digitcom believes that the rates contained in the Joint Venture agreement are favorable, no assurances can be made that Digitcom will obtain such customers or commitments. Should Digitcom not be able to obtain such customers or commitments, Digitcom will be unable to take advantage of the authorization set forth in the Joint Venture" AND "No assurances can be made that Digitcom will be able to obtain significant revenues as a result of the Joint Venture." These above copied lines are a massive "I shoot myself in the foot" statement, LOL!! There are other expressions that could be used: "prospects" = potential clients and/or comitments "reasonable certainty" = no assurances Hey, english is my 2nd language and I can come up with these expressions which sound more reasonable to me, so most of you have to do 10 times better. I know "CEO time" is a scarce resource and no reasonable individual in that position will go and waste his time with self-evident loosing propositions. As far as I know Jimmy Chin has 12 years experience in various parts of the Telco business. He must have a very clear idea of how to buy and sell "minutes". And a very clear idea with whom to do business. Of course this is my "reasonable certainty". #50