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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1843)1/24/1998 9:17:00 PM
From: Mark[ox5]  Read Replies (3) of 2377
 
Sergio, Jim, others please take some time to look into DCTC and its threads this weekend. Usually I wouldnt recommend a BB stock, but this one is unusual.

In the past week
(1)they have announced a $5 M buyback program of stock
(2)announced a .01 per share dividend

These 2 events are very unsual for a BB stock. They show a good cash balance.

-CEO has stated Paine Webber will become a market maker next Thursday.
-Stock buy back begins next thursday or friday
-CEO has stated there are 4 or 5 announcements in the plans.. the 1st 2 were this week, next one is next week.. and the first 2 are the 'least signifant' of the bunch.

Some other PROS:
-The company is run by a CEO who has been a CFO at a NYSE stock.
-The CEO (Joe Murphy) posts on one of the DCTC thread here at SI.
-Management is very much into increasing shareholder value; they interact with individual shareholders, etc.
-Company overview can be found at its web page. Basically it in telecommunications, calling cards in Europe, real time internet faxes.
-I believe CEO's goal is to take company to NASDAQ and eventually sell the co.

Look into it and pass it along to Cary too =) Anyone else, please post your comments.. I made my first dips into it on Thursday and Friday.

Email me if u want too Sergio.

Good luck,
Mark
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