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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: josrph j murphy who wrote (4117)3/30/1998 8:24:00 PM
From: Pr-Ac Man  Read Replies (2) of 19331
 
We are up to $50.0 million so far and should complete the remainder in about a week and one half.Houlihan Lokey Howard and Zukin will provide the buyer(s).If everything goes right it should be completed within six months.

Joe:

Good to see you posting again. I'm looking forward to getting the newsletter this week. A couple questions:

1) When you say we are up to $50 million so far, do you mean with the pieces currently in place that we know about? Does that include World Pass, and is there any update on that situation?

2) What do you mean when you say that we "should complete the remainder in about a week and one half"? Are you saying that deals currently on the table will be concluded in this period of time, and that you expect revenues to reach about $100 million per annum?

3) When you mention "buyers" being provided by HLH & Z, I assume you mean the future buyer of DCI? Are you saying then that you expect all the acquisitions to be completed and for DCI to be sold by the end of the year?

Thanks

PA
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