text_combined: aler agnesbtinternetcom httpwwwdeveloperhostingcomlqtrackerimgtrkaspid40165uid1290 vol 6 issue 243 august 2002 wall street bulletin _your first source news street_ symbol igtt shares outstanding 3734000000 float est 52560000 shortterm target 375 52 week highlow 110002 rating strong buy last pick symphony telecom otcbb sypy went 100 one week _indiginet identifies acquisition targets combined revenues 35 million_ telecom consolidation begins accelerate wall street bulletin believes recent investment capital level 3 lead warren buffett proof continued validity telecommunication market looked perspective small midsized enterprises boom bust comes revival carriers drowning debt global crossing worldcom future may dim survivors industry managed remain feet companies problems mean opportunity every major industry history united states experienced similar transformation railroads late 1800s automakers mid1900s dotcoms end 20th century says robert saunders director eastern management group market research firm christopher dean cto oss company eftia says seeing people survivors theres pentup money surviving carriers get used cost billion millions _read full story telecommunications magazine see link end newsletter_ write report new recommendation indiginet inc otcbb igtt trading otc bulletin board since late may 2002 indiginet inc continues implement business plan believe company help lead way resurgence telecom sector could strongest recommendation year giving igtt highest rating strong buyaggressive growth ground floor opportunity tremendous growth potential believe igtt perform equally greater competition similar telecommunications company talk america holdings nasdaq talk share price began explode april year moving 040share 400share late june talk america holdings previously market cap 2451 million today market cap 267 million igtt curently market cap 2242 million using talk model potential growth igtt could well trading 60 range months market cap excess 250 million would increase 1000 see igtt great potential time right investors get ground floor _indignet_ strategy indiginet inc integrated solutions company provides small mid sized enterprises smes integrated communication solution indiginet prestigious diamond level partner avaya well reseller cisco compaq company offer data local long distance wireless services smes third party networks enabling company offer comprehensive suite services without capital burden building communication network companys strategy acquire customer bases smaller single market communication companies attractively priced internet service providers isps _the company recently completed acquisitions fox telecommunications wbconnect_ indiginet expand breadth services grow revenue enhance profitability smes account 120 billion commercial telephony data services technology spending 33 countrys total market spending expected grow average rates next ten years _source morgan stanley dean witter_ igtt web site wwwindiginetcom __ market based recent studies countrys 74 million smes currently lag significantly utilization data communications including internet access web services business software ecommerce worldwide spending increased 981 billion us year overall increase 37 percent 2001 according study released 7242002 market researcher idc spending 2003 expected reach record heights growing 9 percent worldwide top 1 trillion mark first time idcs revised forecasts spending 2002 2003 spending us expected increase 3 percent year 2001 436 billion growth 9 percent 2003 western europe expect growth 4 percent 2002 6 percent 2003 though japan experience flat growth levels year next year growth market return tune 7 percent particular strength shown china india korea russia philippines south africa poland _sourceidc_ particulars wall street bulletin putting igtt strong buyaggressive growth recommendation list following reasons 1 companys strategy acquire customer bases smaller singlemarket communication companies attractively priced internet service providers isps company sell bundled service package acquired customer base form direct immediate distribution channel types communication services local long distance wireless data 2 company currently serving many customers denverfront range communities particular education vertical market recognized value integrating wireless broadband data network existing campus network companys customers include united states olympic committee usoc university denver colorado state university 3 company identified approximately 35000000 revenues acquire comprised distressed assets auctioned bankruptcy court smaller communication providers valuable customer bases targeted companies within companys footprint subject purchase completion increase companys embedded customer base investment consideration indiginet inc recently filed 10qsb three months ended march 31 2002 igtt reported revenues 339694 q1 2002 vs revenues 0 q1 2001 current growth rate revenues grow 13 million first year production increases acquisitions large corporations come government scrutiny investors turn small midsized companies investment dollars news indiginet inc completes acquisition fox telecommunications inc _prnewswire _click news indiginet inc completes acquisition wbconnect _ prnewswire_ click news telecom consolidation begins accelerate _telecommunications magazin_ e click industry interests telecommunications websites tia online telecommunications magazine world wall street bulletin independent newsletter affiliated indiginet inc wall street bulletin independent research firm report based wall street bulletins independent analysis also relies information supplied sources believed reliable report may opinion igtt management wall street bulletin also retained research issue reports igtt paid ten thousand dollars shareholder company wall street bulletin may time time buy sell igtt common shares open market without notice information contained report intended shall constitute offer sell solicitation offer buy security intended information statements may contain socalled forwardlooking statements many factors could cause actual results differ investors consult investment advisor concerning igtt copyright 2002 c wall street bulletin rights reserved longer wish receive newsletter click tahnorrjilisgoyymddppqw tue 30 jul 2002 112405 0500 telecom consolidation begins accelerate qsv