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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: LT who wrote (4620)4/7/1998 9:46:00 PM
From: James Harold Alton   of 19331
 
Lou, We have had some great press releases recently (like every trading day for the past 4 !)but today's was the one that really got my attention. Today's press release shows me that the deal with Houlihan is for real and that DCI should have the financial backing needed to consumate the LOI's already signed +. The Houlihan backing appears to me to be the key piece of the puzzle that was missing. Nice to hear that the DD teams are already on site, I have the impression that bringing these new companies aboard is one of DCI's top priorities right now. Assuming that they all pass the DD and are aquired, the addition to DCI revenues is going to be huge.

As to why DCTC didn't move on this important news release? Good question. The buying was coming on strong in the AM, but by midday the selling started and the buying dried up. Could it be that if there is a large short as has been alluded to, that this group was taking advantage of today's lighter volume to take the price back down? If not sooner, I think that the tide will turn to the upside when we start seeing filings on these new aquisitions and get to see just how each deal has been structured and we WILL get our day in the sun. Still also feeling positive about the rest of the week despite today's performance.

James
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