DCTC - DCI Telecommunications Message Board

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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: john david martin who wrote (3231)	1/2/1998 8:58:00 AM
From: Colin Cody	Read Replies (1) of 4489

I wouldn't be a buyer of DCTC expecting the "Dead-Cat Bounce" play you got with ADMR. ADMR has been falling almost non-stop for the past year from $11 to $5 a couple weeks ago, and then TAX-LOSS SELLING erased another 50% of its Market Cap during the last half of December alone, dropping it to a 52 week low of $2.50. . Whereas, DCTC has had its selloffs AS WELL as its rallies. . Why buy now? I chose to add shares a few days ago because: The price seemed to have stopped falling, and the trading seemed to indicated the beginning signs of a change-in-trend was upon us. . The year-end tax-loss selling would be over in a few more days. . I believed there was some insider selling (uncomfirmed, though I tried) of stock that would eventually stop when they ran out of shares to sell. (I believe the insider stock involved is/was being sold by a former M/A shareholder). . Without a closing bid OVER $2.00 I will not be happy that a change-in-trend actually has started. . Colin

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