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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Gary1046 who wrote (6481)6/30/1998 10:07:00 PM
From: STEVE SAMEULS  Read Replies (1) of 19331
 
I think you are right that the long term stock holder will do fine. I think yesterday and today resulted from traders interpeting two events. The broken graph or weak TA, which I believe was supported by some fundamentals. Specifically, the slowness of the fax thru and europe start-ups. I think the traders will quickly buy back at the first sign of support, which I think is higher than 1 13/32. Hopefully the support level will get up around 3.25 as soon as 1st qtr numbers reflect edge and locus growth? I'm somewhat puzzled by the lack of discussion around the $6 bonafide offer. I personally struggle with why Joe did not accept this given the uncertanty with start-ups like faxthru and europe, not to mention profitable acquisitions. Personally my goal is six and I was disappointed to hear we will wait till yrend and take the risk to try to get 10.
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