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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: sammaster who wrote (2704)2/11/1998 8:54:00 AM
From: Bruce Galpeer   of 19331
 
sam,

That is a question that is most difficult to answer. Some former CardCall shareholders, who had lock-up agreements on their shares, decided over the last few months to sell their shares. As far as Joe Murphy has been able to determine through Morrow, it was about 1.5 million shares. These were not all from CardCall but a vast majority of them were. That part of the overhead is gone but I still feel that we have a few hundred thousand free floating shares. These are shares that have not found a solid home, thats why we are bouncing like a yo-yo at the present. People buy looking for the quick hit, when it does not come they sell and go on to something else. Eventually these shares too will be absorbed then the MM's will start raising the price for inventory. The right piece of news at the right moment could be all we need. I'm not worried at all. I just go look at where DCI was 1 short year ago and where it is today.

LONG AND STRONG!!! GO DCTC!!!!

Bruce
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