DCI Telecommunications - DCTC Today Message Board

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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Todd Miller who wrote (7367)	8/1/1998 1:40:00 PM
From: James Harold Alton	Read Replies (2) of 19331

Todd, As is well known, there was speculation (hope) that it would be announced at the meeting that DCI had been sold for some amount per share, and that speculation was all over this BB. Some CC shareholders obviously want to liquidate their positions but IMO were willing to wait for a few days to see what came out of the meeting. Since DCI had not been sold the selling resumed on Friday. If you go back through my posts you will see that I suggested this might be what would happen given that scenario. The traders limited our upside on Friday and helped drop us to the $2.50 level but were not responsible for the drop below $2.50. We dropped from that level on BUYING not selling. The MM NITE had shares to move and lowered the ASK price in the late afternoon tick after tick on BUYING. If traders had caused the drop, the tape would show SELLING as we dropped. Without level 2, I can see how the actions of our stock on Friday could be misinterpeted, which is why I have posted the trading log and MM pages. James

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