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Microcap & Penny Stocks : DCTC / FTEL / FNET

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To: taxgun who wrote (869)9/18/1996 1:30:00 PM
From: JOE MEDSKER   of 1624
 
To: Joseph Pakin
From: Joe Medsker

Frank had every intention of being there but FTEL is having difficulty meeting their production quotas, I guess this is a good problem to have. Orders for their equipmetnt are coming in faster than the goods can go the door. This meeting was always a DCTC-FNET meeting. If Frank came to the meeting it would have been out of courtsey to Joe. Coming from the West coast, this would have ment 3 days away from his office. I believe that when the underwriter is announced we might be able to do this again with both Joe and Frank attending.

I believe it was a very good meeting in that so much information was given out concerning the future of DCTC. If you had been there you would have picked up immediately that in fact DCTC is a stand alone company and they are not just riding the FTEL star. IMHO it could be just the other way around. It will be DCTC that will put FNET on the map. I talk with Joe Murphy at least once a day and until this meeting I was not aware of the number of ventures and mergers that are pending. I beleive the Jack Adams gave an outstanding presentation on the future of FNET and the many ways that DCTC will make it profitable for all of us. As for me I will continue to keep the majority of my DCTC FTEL FNET investment in DCTC. FTEL's future is in the hardware and in the telecommunication field hardware can become obsolete very quickly.

Best Regards
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