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

To: risk-averse who wrote (36349)	1/16/1999 1:40:00 PM
From: Lazarus Long	Respond to of 50264

Though the PR is not real clear there... 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. It sounds as if the "commission" is what acts as the upper bounds of the transaction rather than a prepayment of the option agreement, though I would not rule the latter out. If the former is true, then yes, it is safe to say that Teltek expects DGIV shares to be worth more at the end of a year than a $1.50. If the latter is true, focusing on the $1.50 price is like taking a statement out of context... it may have no validity. Lazarus... off to catch a train to SF! BTW... I've heard that the National Weather Bureau has predicted that in just 150 minutes there will be a dramatic climate shift in the Bay Area... there will be gale force winds followed by a sudden calm... the fog will burn off, the sun will shine brightly, flowers will bloom and birds will sing as if it was spring.