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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Parker Benchley who wrote (4316)4/2/1998 8:06:00 PM
From: James Harold Alton  Read Replies (1) of 19331
 
George, I hope that Damien bite is starting to heal, I hear that they can be pretty nasty. (G) It looks like we had about 124,800 buys today vs. 71,100 sells, leaving about 12,000 that were in betweens that I was not sure about. This would mean that the MM's were short about 53,700 shares. The most interesting trades to me were the two large (16,000 and 16,500) share block trades, both of which appeared to be sells. Assuming these were retail sells, I wonder why an MM would elect to absorb such a large block at all once..unless maybe they were all or nothings? I think that the news release also helped us today, quite refreshing to be surprised for a change and to see a positive reaction from the stock.

James
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