DCI Telecommunications - DCTC Today Message Board

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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Eric G. Erpenbeck who wrote (7060)	7/24/1998 4:27:00 PM
From: LT	Read Replies (1) of 19331

Hello Eric, Cyberfax and DCI UK are and were always startup operations. Companies do not start producing revenues, let alone eps overnight and to me, one year is overnight. I don't understand your negativity in light of all that is going on with this company. Is a growth rate of one million to 100 million in 2 years too slow? Surely not. In regards to your dislike of financing through the conv preferreds, did you dislike them 1.5 years ago when the series C's were issued? The raising of capital is a necessity for all small companies and the terms are not like you getting a loan at the bank. JM has done a superb job of weaving through the minefields of the M&A industry and I'm not going second guess his financing arrangements as I'm not privy to those negotiations nor is anyone else on the internet. I'm sorry you and others find the conv's so distasteful but unless someone out there has a few mil they'd like to loan the company at a great rate, I suppose we have to live with it or sell...... Lou can't see

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