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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: Pr-Ac Man who wrote (3918)1/26/1998 10:02:00 PM
From: JOE MEDSKER   of 4489
 
PAM,

Regardless of whether or not TA can be applied to BB stocks, the momentum on DCTC has definitely changed course. We will more than likely see some backing and filling as we go (at least I hope so) but I see no major resistance until $3.25-$3.50. With DCI's MM on the bid we should stay at that level for just a few days until we encounter some additional selling around $4.50. When that is over we should see new highs. All of this is dependent on additional waves hitting the beach in addition to the 5 Joe talked about. The way Michael Z talks we should see many more releases this year. Due to the long QP's its been some time since we have had any updates on DCI UK and CyberFax. IMO all of the future M&A's will be connected to these 2 divisions. We should see plenty of good news for the rest of the year.

Best Regards
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