DCI Telecommunications - DCTC Today Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bruce Galpeer who wrote (6248)	6/12/1998 3:44:00 PM
From: LT	Read Replies (2) of 19331

Hello Bruce and Everyone, Well, well......I saw the news out on my TOL and called our CEO to clarify some things......here's what I got...... The one million writeoff was taken because Mr. Murphy's philosophy of do it now seemed most appropriate. He didn't want anything to stand in the way of next year and thought now was the best time to write down the expenses of putting in the switches in Europe as well as write down the expenses of consolidation to which I totally agree. It cost us .052 in eps not including the depreciation but the way the mm's treat our stock, it doesn't matter anyway(GGGG). Mr. Murphy said it was fairly expensive to do the UK switches and consolidations but they needed to be done so the company could continue its march forward. (James, your take on writedowns was write on the $$$(G)) The share buyback has helped us from a shareholder standpoint in the fact that we can now issue shares that basically only cost us $2 or less. Those are cheap and to be well used shares. Mr. Murphy also apologized for a Friday pm news announcement but I told him I'll take this announcement anytime(G). Edge continues to amaze him with their growth and he thinks the newest deals he has going will fit in superbly with them......... He also stated the shareholders meeting SHOULD BE(not will be) in late July somewhere around the 28th thru 30th somewhere in Florida. He said it would be airport accessable for the non-flying impaired. My note.....I liked the 5mil in telecom related revenue. I think we have become more focused and hope the new acquisitions like Locus are able to be brought on board. If all this happens, the revs for this company are going to explode....... Take care... Lou

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next