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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Grantcw who wrote (3851)3/25/1998 3:43:00 PM
From: george eberting  Read Replies (3) of 19331
 
I, too, thought about continuing the buyback as vigorously as possible.
But why waste the money if the price is going to continue to slide? I think we are going to see some grim earnings reported in the next couple of days, and that the price will slide some more. After the shock has been absorbed, begin the buyback activity again. More shares could be bought at the lower price. Buying shares at current prices would make sense if Joe knows we're going to have a great earnings report. But if he knows the report is going to be bad, wait until the news is out, the price falls some more, then start buying again. JMO George E.
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