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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: David Bartkowski who wrote (5041)	4/19/1998 2:34:00 PM
From: JOE MEDSKER	Read Replies (1) of 19331

<<<< Since Thursday and Friday the sells out numbered the buys on relatively low volume.>>>> DB, Gone are the days when you can take DCI's trading log at face value. I don't think the MM's did any shorting on Thursday and Friday. By now they are all aware that the transfer agent returned Mr. X's certificates to the two Canadian brokers. IMO they will not be doing anything unusual until they know if the supply train from up north is just a little late or if its been called back to the station. It will be very interesting to see how Mr. X handles the shares he sold. Apparently he and the two firms who sold the shares are not too worried as we have not seen any large scale buying. It could very be that he has been able to borrow legitimate shares from his CardCall friends. This is not likely but you never can tell. One thing for sure sometime in the next 30 days the clearing agent is expecting to see some clean paper for about 700,000 shares. If in fact the MM's have a short position out there IMO they will do everything possible to help the two Canadian firms come up with clean paper. Best Regards

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