telecom consolidation begins accelerate hrlb vol 6 issue 243 august 2002 wall street bulletin first source news street symbol igtt shares outstanding 373 400 0000 float est 52 560 000 short term target 3 75 52 week high low 1 10 0 02 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 mid sized 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 1800 automakers mid 1900 dot coms end 20 th century says robert saunders director eastern management group market research firm christopher dean cto oss company eftia says seeing people survivors pent 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 buy aggressive 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 0 40 share 4 00 share late june talk america holdings previously market cap 24 51 million today market cap 267 million igtt curently market cap 22 42 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 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 www indiginet com market based recent studies countrys 7 4 million smes currently lag significantly utilization data communications including internet access web services business software e commerce worldwide spending increased 981 billion us year overall increase 3 7 percent 2001 according study released 7 24 2002 market researcher idc spending 2003 expected reach record heights growing 9 percent worldwide top 1 trillion mark first time idc 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 source idc particulars wall street bulletin putting igtt strong buy aggressive growth recommendation list following reasons 1 company strategy acquire customer bases smaller single market 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 denver front range communities particular education vertical market recognized value integrating wireless broadband data network existing campus network company customers include united states olympic committee usoc university denver colorado state university 3 company identified approximately 35 000 000 revenues acquire comprised distressed assets auctioned bankruptcy court smaller communication providers valuable customer bases targeted companies within company footprint subject purchase completion increase company embedded customer base investment consideration indiginet inc recently filed 10 qsb three months ended march 31 2002 igtt reported revenues 339 694 ql 2002 vs revenues 0 ql 2001 current growth rate revenues grow 1 3 million first year production increases acquisitions large corporations come government scrutiny investors turn small mid sized 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 magazine 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 called forward looking statements many factors could cause actual results differ investors consult investment advisor concerning igtt copyright 2002 wall street bulletin rights reserved longer wish receive newsletter click http xent com mailman listinfo fork