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Microcap & Penny Stocks : Photonics Corp(PHOX BB)= DTC DATA TECH (DTEC BB)

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To: MicroCap World who wrote (50)12/18/1997 1:43:00 PM
From: robert m evans  Read Replies (1) of 102
 
I don't know what's going on, but on 12-9 this baby hit a low of .06. It is now bid .28/ask .37. I didn't buy, but it certainly is worth watching. DTEC doubled but has died-no volume, the charts don't indicate this is normal activity so if anybody knows anything, someone must, I'm all ears. The only thing I could find was a forward looking comment concerning DTCs new products that are compatible with Adaptec's industry standard. Apparently Adaptec controls 70% of the market(a huge amount)and a bunch of other companies all with different operating standards make up the rest. DTEC is apparently the first and only Manufacture to market a compatable 'clone' Adaptec' product, and it's supposed to be better and less expensive. Sounds like an IBM/apple situation. Can't hurt. I did delve into DTEC but Phox is the mover. We shall see. One last tidbit, almost all their products are made in the orient, maybe this is helping their profit line?
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