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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: JOE MEDSKER who wrote (3346)1/16/1998 1:20:00 AM
From: James Harold Alton  Read Replies (2) of 4489
 
Joe, Just my opinion, but I don't think it would take a buyback to move us back into the $3-4 range. We have been in this range several times in the past already without company support and really feel that the co. is currently in the best financial shape and has the brightest future it has ever had. I think that we do need to get some news out, the long quiet periods have been really hard on the stock because of the lack of news. I do like the idea of a stock buyback since at these price levels I think that a buyback would be a great way to spend some corporate $$. The purchased shares could perhaps be used towards some future aquisition and hopefully DCTC will be a lot higher at that time. The other reason I like the idea of the co. supporting the stock price is to eliminate these wild swings in the stock price, which I believe could lead to a much higher sustained price. It will be interesting for sure to see what Joe has up his sleeve (s?).

James
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