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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: george eberting who wrote (3179)3/2/1998 1:40:00 PM
From: James Harold Alton  Read Replies (1) of 19331
 
George, You have raised and questioned some important issues. I think that while it's natural to try and use the stock price as sort of a barometer to indicate the companies progress that the real issue, is and has been the CC shares being sold. I have seen this stock under selling pressure before during the Etrade mess and the pattern is similar. We were stuck in the $1.50 range for what seemed like forever, but we got past the selling pressure then I believe will do so again. The difference this time is that there are a lot more shares involved, so it's taking longer to clean up. Thankfully the company is in a position to help us out this round. I agree with your hunch that there have been weak hands jumping ship as time goes on due to being disgruntled with the stock's price and would not be surprised if more left. There is an upside, in that I believe that a higher than average number of the investors remaining in DCTC are here for the longer time.

James
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