Good Morning James & Everyone: DCTC!! FEATURED IN WALL ST. EDGE!!!
DCTC is starting to reap the benefits of the KON-LIN newsletter. They are one of the featured stocks in this morning's edition of the WALL STREET EDGE!!!! (Morning Paper) Excerpt to follow:
"Grupo Brad"
Thursday, September 11
WALL STREET EDGE [Kon-Lin Letter]
DCI Telecommunications Inc (DCTC) 1 7/8 bid, 2 ask,traded on the NASDAQ
Bulletin Board. Governments worldwideare focusing on improving their
telecommunicationinfrastructures. Rapid growth in
worldwidetelecommunication services and equipment demand make both ashort
and long-term bullish outlook for internationaltelecommunications stocks.
DCTC is an international supplier of telecommunicationservices
including long distance phone service, prepaidcellular and phone cards, and
value added phone cards tobusiness and consumer marketplaces.
DCTC has an extensive distribution network throughNorth America and
Europe and owns telephone switchingfacilities in Canada and the UK.
Revenues for FY97increased 52% to $2.8M with its loss per share
droppingdramatically by 81% or ($0.07) versus a loss of ($0.36) forthe
prior year. LOW PRICED STOCKS
Thursday, September 11
Growing faster than anticipated, revenues for the 1Q98surged 476% to
$3.1M with net income leaping into the blackwith $0.01 per share (with an
additional number of shares)versus a loss of ($0.04) for the same period in
the prioryear.
DCTC maintains a healthy balance sheet with a currentratio of
approximately 2:1 with $1.8M in working capital.Of the 9,227,961 shares
outstanding, approximately 17% isheld by insiders.
The stock has built strong support at the 1 1/4 - 1 3/4level where we
recommended a purchase last month for afirst objective up into the 4 - 4
1/2 area. DCTC is aunique, low-priced special situation.
In that its 3 divisions: technology, consumer and mediacommunications,
are seasoned companies poised for dramaticgrowth in their respective fields
and possessed with asynergy between them that can accelerate that growth.
Ultimate target 8 - 9. COMMENTARY
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