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I will stay on top of it and If your interested I would love if you would be an assistant over here on the DIGL board.If not cool but check out this board and feel free to post also.New folks are always welcome http://investorshub.advfn.com/boards/board.aspx?board_id=11403
wow no kidding? not much activity now huh? I'll keep watching keep me informed
This company is owned by scientology and owes another scientologist company tons of money.BUT their products are solid and the need for their products is off the charts.This company is actualy close to my house so I drive by every now and then.I think it will come back strong again.This was once a $150 stock.
I've just started watching this company. Whats goin on? Few postings seems really quiet, dosen't look like it is a shell though.....any confidence?
Have you seen what digital lightwave closed at today?????????
Digital Lightwave Announces MSA 2030 Module, Single-Board Testing Solution for SONET, SDH, OTN, Ethernet and Fibre Channel Testing Plus VCAT, LCAS and GFP
MSA 2030 adds VCAT, LCAS, GFP capabilities to Multi-Service Analyzer series making it the perfect solution for legacy and for NextGeneration network testing applications
CLEARWATER, Fla., Nov. 19 /PRNewswire-FirstCall/ -- Digital Lightwave(R), Inc. (OTC Bulletin Board: DIGL), a leading provider of optical networking test equipment and technology, today announced the addition of MSA 2030 Module for the NIC Platform. The new Multi-Service Analyzer module provides a broad range of testing capabilities in a single module.
The MSA 2030 is available with SONET/SDH testing from 51Mbps up to 155Mbps, 622Mbps, 2.5Gbps or 10Gbps. Virtual Concatenation (VCAT), Link Capacity Adjustment Scheme (LCAS) and Generic Framing Procedure (GFP) are available as license-based Test Options. Ethernet testing is available, including 10/100/1000BaseT (dual ports), GigE (dual ports) and 10GigE LAN/WAN interfaces. Additional license-based Test Options available for the MSA 2030 include OTN testing at 2.6 and 10.7Gbps, 10GigE WAN, 10GigE over OTN and ODU-1 to ODU-2 multiplexing with additional capabilities available soon. Test Options can be added at the time of initial purchase or at a future date with only a license key.
'With increasing demand for all-in-one functionality in a single test instrument, the MSA 2030 Module answers our customers' needs,' stated Doyle Mills, Director of Product Marketing. 'Our Multi-Service Analyzer (MSA) and Ethernet Service Analyzer (ESA) series modules set the standard for test equipment performance and flexibility. These new modules, combined with the flexibility of the NIC Platform, enable customers to configure the product to suit their needs today then upgrade and re-configure as needed to support future developments.'
The MSA 2030 Module is available in all NIC Platform products, including the compact and lightweight 2-slot portable chassis and 5-slot NIC Plus (portable) and NIC EP (rackmount). Combined with additional NIC modules including 40/43Gbps testing, OSA, PDH/T-Carrier and Jitter/Wander, the NIC can provide a custom all-in-one solution to testing today's advanced optical and NextGeneration networks.
For more information on Digital Lightwave testing solutions, see www.lightwave.com.
Hello,yes Im still here.Yes still in buisness and maybe one day show a profit.Great products but way too much debt.
h e l l o is anyone still here? no posts lately. are we still in business? looks like time to run
Slightly higher revenue in the first quarter wasn't enough to keep losses contained at Digital Lightwave Inc.
The Clearwater fiber optic communications network producer took a loss of $1.1 million, or 0 cents per share, on revenue of $2.6 million in the first quarter. Those losses were greater than the $603,000, or 0 cents per share, reported the same last time year on revenue of $2.5 million, according to the company's filing with the Securities and Exchange Commission.
International sales were down 15 percent in the first quarter to $790,000, or 30 percent of total revenue, compared to $929,000, or 37 percent of total revenue the year before.
Digital Lightwave (OTC BB: DIGL) finished 2007 with a loss of $2.6 million, or 1 cent per share, and company officials said in that filing last month they did not expect to see positive profits in 2008.
Last April, Digital Lightwave restructured its $35.7 million debt with Optel Capital LLC that requires quarterly payments of interest beginning June 30 and maturing March 31, 2010. At the same time, the company gained access to a $2.5 million revolving credit line offered by Optel.
Optel is controlled by Bryan Zwan, Digital Lightwave's largest stockholder.
Hey InOne why dont you come join me on here as an assistant??? I would love to have you.
Red ink slowly disappearing from Digital Lightwave books.
There's an article from the Tamps Bay Business Journal.
http://www.bizjournals.com/tampabay/stories/2008/04/14/daily14.html
I assume it means "pay the money back or we take yo stuff".This is a scientologist owned company and all the money looks as if its owed to other companies owned by them,so Im not sure what all this "debt" means.
Good News: The annual report no longer says: the company has difficulty being a going concern.
Looks like they have started making money.
What does it mean :"..the line of credit is secured by substantially all the Company’s assets"?
Digital Lightwave Restructures Debt and Secures $2.5M Line of Credit
Digital Lightwave, Inc. (OTCBB:DIGL), a leading provider of optical networking test equipment and technology, today announced that on April 4, 2008, the Company and Optel Capital, LLC restructured all the outstanding indebtedness owed by the Company to Optel, and Optel agreed to make a $2.5 million line of credit available to the Company for working capital purposes. The restructured indebtedness of $35.7 million and any drawings under the line of credit facility bear interest at a rate equal to LIBOR plus 1.0%.
“This new agreement will give Digital Lightwave the financial stability and flexibility to increase our investment in new product development and expand marketing efforts,” stated Ted Myers, CEO. “Our improved financial strength will also enable us to operate more efficiently and better serve our markets and our customers’ needs while maximizing revenue. While many of our competitors have turned to bankruptcy or have been casualties of acquisition, Digital Lightwave is still Digital Lightwave, a leader in the industry since our first product shipment in February 1996. Our customers can continue to have confidence that we will be stable here for them, as we always have.”
The new note and line of credit are secured by substantially all the Company’s assets, require quarterly payments of interest, and mature on March 31, 2010. Subject to stockholder approval at the Company’s 2009 annual meeting of stockholders, the indebtedness is convertible at the option of Optel into shares of the Company’s common stock. If such holders do not approve the conversion feature, the outstanding debt and accrued interest would immediately become due and payable in full upon demand by Optel at any time after the stockholders’ meeting.
Optel is controlled by Dr. Bryan J. Zwan, the Company’s largest stockholder and chairman of the board of directors. The transaction was approved by the Company’s board of directors upon the unanimous recommendation of a special committee of the board comprised solely of independent directors.
Digital Lightwave Offers Industry-First Tunable Laser on 40G Test Instruments in a Portable Platform
The NIC 40G is the Smallest and Lightest 40/43Gbps Test Solution While Offering Features Not Provided by Any Other Portable Instruments
Digital Lightwave®, Inc. (OTCBB:DIGL), a leading provider of optical networking test equipment and technology, today announced that the NIC 40/43G Testing Module can be ordered with a tunable laser for C-Band or L-Band application with NRZ, Duo-Binary and DPSK line codes available. The NIC is the first in the industry to support this vital feature in a portable instrument.
“With our array of available line codings, the tunable laser, our broad range of mappings and the ability to analyze tributary signals all the way down to DS1, we are leading the industry in terms of features,” says Mike Botham, Director of Engineering. “Our customers have informed us that they need a robust feature set to get their jobs done and once again, our team has delivered.”
Tunable Laser is a feature that test instruments must have in order to simulate “alien wavelength” applications, in OADM (Optical Add-Drop Multiplexer) and ROADM (Reconfigurable Optical Add-Drop Multiplexer) testing. It is also useful for DWDM filter verification and test, receiver sensitivity and dispersion sensitivity testing over a wavelength span. With the widespread deployment of 40G networks, the need for these types of testing is increasing.
Well we have a new updated website and are attempting to pay off debt.
Wednesday, December 19 2007 7:58 AM, EST
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Digital Lightwave Announces Million-Dollar Sale of Test Instruments with NextGeneration Technology
Business Wire "US Press Releases "
CLEARWATER, Fla.--(BUSINESS WIRE)--
Digital Lightwave(R), Inc. (OTCBB:DIGL), a leading provider of optical networking test equipment and technology, today announced that a major US telecommunications carrier has selected the NIC Platform with NextGeneration technology for use in network deployment. The deal is valued at $1.08 million, including NIC platform hardware and software licensing.
The NIC Platform includes portable and rack-mount test instruments equipped to test SONET/SDH up to 40G, OTN up to 43G, Ethernet, NextGen (VCAT, LCAS, GFP), Ethernet and Fibre Channel. Leveraging the unique flexibility of the NIC NextGeneration Multi-Rate (NGMR) module, NIC Platform products can be equipped as needed today and additional functionality can be added later with license-based Test Options.
"This major purchase demonstrates the industry's acceptance of our latest technology," stated Ted Myers, CEO. "We have been providing portable SONET/SDH test equipment longer than any other company. Our latest developments in NextGen and the extension of our product up to 40/43G further cements our position as a leader in the test equipment industry."
About the NIC
Digital Lightwave's portable Network Information Computers (NIC) are software-based, modular products that combine a multitude of test functions in a single integrated solution, including OTN, SONET/SDH from 51Mbps to 40/43Gbps, Next Generation (VCAT, LCAS, GFP), T-carrier/PDH, ATM, Ethernet 10/100/1000M, 1GigE and 10GigE LAN/WAN/FEC, and Jitter/Wander analysis.
About Digital Lightwave
Digital Lightwave, Inc. provides the global communications networking industry with products, technology and services that enable the efficient development, deployment and management of high-performance networks. Digital Lightwave's customers rely on its offerings to optimize network performance and ensure service reliability.
Editor's Note: Digital Lightwave(R), NIC(R) and NIC Plus(TM) are trademarks or registered trademarks of Digital Lightwave, Inc.
Hi B, My guess is that somewhere along the way the assets of the company may be sold. Whether that will mean anything for the shareholders is hard to say after the last two years. The head of the company continues to support it in a fashion through his second hand ownership, but I don't know how deeply he will reach into his own pockets and continue it.
Best regards, Tom
Hey Tom,you keep saying its not over till the end...Are you expecting this company to go under??
Now up 50% on the day! (that's four cents!)
Best regards, Tom
Hi B, I noted today that DIGL.OB actually ticked UP for a change. Huge percentage +36% but just about three pennies.
Anyway, I guess it's not over until the end.
Best regards, Tom
Hey Tom , I just went over to your aimusers board and I really like the layout.Gotta be honest I am not excatly sure what an equity is but Im going to bookmark your site and read a little to find out.
Thanks Tom,I will have fun learning and keeping track of digl and heck if I want to know how the company is doing...I will drive over and look.I will be able to get more interest in this one so we should have more than two book marks shortly.
Hi B, Re: DIGL................
Thanks for the Parking Lot Analysis. It's amazing what some local perspective can add to the understanding of what is going on inside a company.
A month or so ago I called my broker and hand them deliver my DIGL shares to me. My motive was simple - if the company failed, I'd at least have some art work for the walls of my office.
I guess it would be nice if their product could again be desirable enough that a company could survive and prosper from its sale. Digital's products were never "bad" but the market for them certainly did fall apart for a long and painful time.
I'm looking forward to your report.
Best regards, Tom
WHOA!!I live really close to digl's headquarters in clearwater FL and I recently noticed there rather large building no longer says 'digital lightwave' and now I see there new building....It is litteraly 1/8 the size of the old bldg.Im not sure if its good or bad but at face value its bad.
Yeah,I really cant believe digl is still in buis.They seem to have good marketable products but they just cant turn this around.
Hi B, Re: DIGL...........
I called to have my shares delivered just recently. Consider this the last act of "timing" on this stock. If I wait much longer most likely the company will fail and I won't even get a pretty certificate for my investment.
I have other examples of this near perfect "market timing" process. I keep them framed and hung on the wall of my office to remind me of previous mistakes.
If it comes back to life, I'll smile, but in the mean time I don't expect much.
Best regards, Tom
Made a ton of money here years ago,does anyone still read this board????
Here's an article on DIGL in this mornings' St Petersburg Times Business Section.
Digital Lightwave's Gains May Be Too Little, Too Late
The company, however, says it needs money.
By Times Staff Writer
Published August 23, 2007
Beleaguered Digital Lightwave Inc. said Wednesday it is starting to repay its debts to founder Bryan Zwan's Optel Capital. That's $225,000 down; $33.5-million to go.
"Over the last year, we have broadened our product offerings, increased our marketing efforts and restructured the company," president Ted Myers said in a company statement. "These efforts have yielded improved financial results."
In the last quarter, the Clearwater company boosted its sales 70 percent, to $3.4-million, and trimmed its net loss to a mere $457,000 from $4.9-million.
But it's doubtful shareholders are doing much celebrating. In an SEC filing last week, Digital said it is talking to Optel about additional loans. "If the company does not reach an agreement to obtain additional financing from Optel, it will be unable to meet the obligations to Optel and our other creditors."
The filing notes that creditors could force it into bankruptcy or it could file voluntarily.
Myers could not be reached for comment.
Digital's stock, briefly a tech darling selling for as much as $150 a share, now trades for about 15 cents a share on the Over the Counter Bulletin Board.
Yep, it seems the product is okay, just the execution of the company activities that is a bit on the anemic side. Maybe someone will "reach out and touch" DIGL.
Best regards, Tom
Maybe I'll do the same and frame it in my dartboard:)
If some big company would just swoop in and buy out Zwan....
Hi Top, I think I'll call today and see if I can get a share certificate delivered. It would be a waste to not have something to show for my investment in DIGL. If they disappear, I'll not get anything but a tax writeoff, but if I get the certificate, I can at least hang it on the wall to remind me of the Millennium's first Bear Market!
Best regards, Tom
Back in the toilet again today...Dr. Zwan must need another Jaguar, huh?
Deja Vu all over again.
And we're back in the toilet....the little run-up this past week was nice, but as usual with this stock, it all comes crashing down.
I think it's Zwan cause there's not enough shares out there for anyone to get control away from Dr Z and if you did, all you'd have is a company which owes a ton of debt to Optel which is controlled by again Dr Zwan. If DIGL went belly up tomorrow, as the #1 creditor, Dr Z's Optel Corp has all the assets.
THe question is this....is all Zwan or is someone else manipulating the stock?
Looks like DIGL is headed down to support at 20 cents in another day or so.
So what do you think caused the recent climb? Is he playing with the stock or is it someone accumulating in anticipation of a buy-out, or something else?
We'll find out the bottom line, when a 10K or 10Q is filed, after that early January event.
Isnt it great , Dr Z comes in and Dilutes share holder interest by 7000 % , hurray for Dr Z, hurray for Dr Z!
That's interesting, I appreciate that but Optel is Dr Zwan's company and just like in the past he'll probably put those converted shares in his vault, maybe sell a few if he needs a new Jaguar and we'll find out how many shares REALLY are outstanding in the next 10-Q or 10-K filing with the SEC.
FlSun
yessir, just go to Yahoo finance, i think it was the 2nd press release down , but either the first or second on the news.
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Digital Lightwave is a publicly held company (OTCBB: DIGL) whose headquarters are in Clearwater, Florida. The company's global presence — sales, service, and support offices as well as distribution partnerships — extends to more than 80 countries around the world.
We have substantially broadened our capabilities to enable us to serve all kinds of networks and the companies that build them, develop components for them, install them, and manage them. We enable our customers to know what's going on inside their networks so they can optimize performance and ensure service reliability.
Digital Lightwave is followed by the analysts listed below. Please note that any opinions, estimates, or forecasts regarding Digital Lightwave's performance made by these analysts are theirs alone and do not represent opinions, forecasts, or predictions of Digital Lightwave or its management.
Digital Lightwave does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions, or recommendations.
Pacific Growth Securities
Roth Capital Partners, LLC
Wachovia Securities
Digital Lightwave Corporate Overview
Digital Lightwave, Inc. provides the global fiber-optic communications industry with products and technology used to develop, install, maintain, monitor and manage fiber-optic communication networks.
Telecommunications service providers and equipment manufacturers deploy the Company's products to provide quality assurance and ensure optimum performance of advanced optical communications networks and network equipment.
The company's products are sold worldwide to telecommunications service providers, telecommunications equipment manufacturers, equipment leasing companies and international distributors.
Investor Resources
For the most up-to-date information, this site provides links to our filings with the U.S. Securities and Exchange Commission (SEC), as well as e-mail alert services, stock performance charts, and other resources.
As of 12-03-07 Digital lightwave had an o/s of 255.5 million shares. Digital Lightwave Restructures Debt and Secures $2.5M Line of Credit
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