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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Art Vandelay who wrote (6370)6/25/1998 3:45:00 PM
From: James Harold Alton  Read Replies (1) of 19331
 
Art, For all practical purposes, all of my eggs are still in this basket as well. (G) If you try to apply logic to the way DCTC trades, it will only make you crazy, trust me. (G) If the selling we have been seeing was coming out of insiders or the company floating shares then I would have already been gone. The selling appears to be continued leakage of the Canadian shares, it's not a lot but it's insidious just due to the fact that there were so many involved in that deal. The question I always ask myself when we have a drop like this is "What is the very least I can imagine Joe selling DCI for if he had to do it today?" Over time the number I come up with keeps getting larger, while the stock price has stayed the same so it's become easier instead of harder for me to hold through the bad times. The Edge deal being done was the biggie that has almost allowed me to watch the price fluctuations of DCTC with a sense of detachment. Will Joe achieve his goal of selling us for $10/share? I think we have a good chance. Could he sell DCI today for multiples of our current share price? Undoubtably IMO, so here I stay and once again the little bit of diversity I have in one account is in serious jeporady..

James
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