DCI Telecommunications - DCTC Today Message Board

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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: STEVE SAMEULS who wrote (7617)	8/8/1998 8:00:00 PM
From: JOE MEDSKER	of 19331

SS, I'm not James but I will throw in my 2 cents here. There are many similarities between SMTK and DCTC. But there is one huge difference. SMTK is a listed stock that was backed and recommended big time by Solomon Bros. Their reps as well as reps from all the big and small BD's could and did recommend the stock. There was a time a few months back when SMTK was a number 1 stock at both VALUE LINE and ZACKS. With that kind of publicity ther sky is the limit even though they were losing about $4.00 bucks a share. On a number of days the stock would trade over a million shares a day. DCTC on the other hand is a BB stock. It can not be recommended by any rep at 90% of the BD's. There for we are relegated to an average of 100K shares a day. But keep in mind that shares traded include what is sold and bought. In other words the same share is counted twice, once when it goes into the MM's hands and again when it comes out. When you subtract all the trades between the MM's my best guess is that we average no more than 45000 shares a day. When you subtract the shares traded by the day traders and those who trade it to live off their profits we simply don't have at this time enough shares going into the hands of long term investors. One thing I have noticed is that big sellers don't seem to be interested in selling for less than a $1.50 a share. As far as the company being sold by June, I was not aware of that particular goal. I always got the impression from Joe his objective was year end 98 for what Ernie refers to as the BIG BANG. I don't see the price moving and staying over $3.00 until one of three things happen; 1. The big sellers stop selling or run out of shares. When the LOCUS and TWC deals close, these people may just revaluate the situation and hang on for the ride. 2. Joe could accomplish a listing on the AMEX which would bring in considerable support. This would go a long way in eating up the over hang. 3. Joe puts out a press release announcing an LOI to purchase the company or the company has flat out been sold. <<<<I know the fundamentals continue to improve in our eyes, but obviously this is not how the market sees it. Or am I mistaken and we are being manipulated?>>>> The fundamentals are definitely improving big time and the market (buyers ot the shares) do recognize that. Yes, the stock is manipulated at times and will be in the future as long as we are on the BB. But in the end it is still supply and demand that moves the price up and down and at this time we have more shares being sold than bought. Hang in there Steve and use the current price as a reason to add a few more shares to your portfolio. Good news is coming. The shares are on sale now, the sale will end at the next press release. Best Regards

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