SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCTC - DCI Telecommunications
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JOE MEDSKER who wrote (3809)1/25/1998 12:56:00 PM
From: Bruce Galpeer  Read Replies (2) of 4489
 
Joe,

I must disagree with you on this. I see no good reason why this information should be made public while the buyback is on going, other than any SEC regulations. It is my opinion that having PW as DCI's MM is proof enough of the seriousness of this venture. I do not beleive that PW would have taken this on for just a street show. Keeping the street informed as to where the buyback stands is going to end up being counter productive. I would beleive that shares that would not normally be sold will be if they know that the buyback will be coming to an end within a given time frame or dollar amount. We could see more shares come to market moving the price down significantly when the buyback ends. It would put our old nemisess, the other MM's, back in control of the price and volume. They will have a fair idea but not an exact one. Keeping the street in the dark will have flippers and softies moving out at all different levels and different times not knowing when support will end. This will keep DCI from having to buy an overlaod of shares at the highest levels, draining the funds at a fast rate. It is my opinion only, that keeping this quiet will keep the stock at the highest levels possible. There is one caveat, we still need to see what the other waves are and what effect they have on the stock before the final decision can be made. I still will maintain that the information be kept quiet as long as possible.

LONG AND STRONG!!! GO DCTC!!!!

Bruce
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News