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Microcap & Penny Stocks : DCIC/FTEL/FNET

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To: LT who wrote (112)8/4/1996 10:25:00 AM
From: Vincent Scott Clements   of 405
 
Lou,
I just have a few questions, I can't quite figure out on Raleighs
Number Crunching.

1. "not counting the 15% stakeout in DCIC that is worth $42
per share,which would be worth 6.30, bringing the total
to around $61.00 per share."(FTEL)

My question is this, if DCIC distributes their shares
of FNET to the share holders of DCIC, and those shares
are not in the tresury of DCIC, how can DCIC be worth
42.00?

2. My second question is, if this is everything DCIC/ftel/FNET
say it is, and the Bussiness Plan is that GREAT, why did
they have to go out of country to get a lousy 10 MILL in
Financing?

Don't get me wrong, I'm not bashing, I own over 15,000 shares in
each. I just noticed, that this was starting to look a lot
like WORK RECOVERY.
Greatproduct, advanced technology, overseas funding,
Fantastic news releases(that always came at the end of the
day or at the close on Friday) Going to change the way we live
Even had great writeups in bussiness week magazine. stock
climed from 1$ to $8 . Everyone was told by the company
and president that good earnings were going to be released
on monday(at the end of the day Friday) So while everyone
was busy tring to go in debt to buy more on monday,
the news didn't come. Day after day "be patiant the news will
worth the wait. Instead, the wallstreet journal did a number
on them and the stock plunged to 2.00 the next day, it is now
at an 1/8.

Like I said, I'm not bashing, I just had a few questions,
and wanted people to know that nothing is a sure thing especialy
the ones that seem to good to be true. So don't risk what you
can't loose over night and still go on. WORK hurt alot of people.

VINCE
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