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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Grupo Brad who wrote (9478)10/20/1998 1:45:00 PM
From: James Harold Alton   of 19331
 
Hi Brad, As everyone can see from the logs you have been posting today, the buying looks strong and the selling is minimal. Very interesting to see Hill off the ASK finally and now playing the bid. Perhaps he is done?? We have been speculating the the MM's might have been shorting ahead of the series F, which they thought were coming to market in the near future. It sounds to me like the company has a number of options with regards to buy those shares back however, so I am betting that they "never see the light of day". What is interesting to speculate on now however, is with the amount of shorting that has gone on since the annual meeting, my guess is that the MM's might have already shorted us as many or more shares than the series F would convert too. I am not even sure at this point that if the series F did convert that the MM's could get covered?? The MM's are not having any luck shaking out shares it appears to me..things could get interesting here. (G)

James
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