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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: LT who wrote (1280)11/4/1997 11:25:00 PM
From: Colin Cody  Read Replies (2) of 19331
 
Lou, I don't know if DCI could sell their 400,000 shares of SMTK stock Not that the Market couldn't take it in, the stock traded over 300,000 shares today alone...
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But I'd guess we are getting restricted shares, Sec 144 stock. We COULD BORROW against it though.
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Take a look at the CHART for SMTK. I don't think selling the shares would be a wise move even if we could do so. The stock is $20 today, and the chart says the stock could be as high as $30 in early 1998. Our $8m worth of stock just GREW to $12m (g)
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Colin
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