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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (6764)	7/15/1998 10:53:00 AM
From: george eberting	Read Replies (1) of 19331

JHA: <<<No doubt that there is something special about the $1.75 ASK.It could be that the seller that gave these shares to the MM to sell just set $1.75 as the low limit on what he would take.>> That was precisely my belief when we hovered around $2.00 for so long. A logical extension of this idea would be to see the ASK drop to $1.50 if buying dries up at $1.75. Whoever is selling the shares is simply walking the price down as long as he has shares to sell. This person, or persons, continues to demonstrate as clearly as possible that they want out of DCTC and he/they will progressively, over a long period of time, accept less and less for their shares. I'm not sure how much good news it is going to take to generate enough buying to negate the downward pressure this strategy is having. George E.

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