SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JOE MEDSKER who wrote (7746)8/12/1998 11:27:00 AM
From: James Harold Alton  Read Replies (2) of 19331
 
Joe, Murphy had mentioned to expect a number of filings to show up and I have found about 6 new Form 3 filings, showing the shares and options owned by various officers in the company. I am guessing but it would seem that this could be another small step towards getting company sold as these filings would be needed I believe to arrive at a total of all of the shares of DCTC that will be out at the time of sale. (G) On that note, I was playing with the numbers a bit, using various revenue multiples to see what we might be worth now, after Locus, after TWC etc. We are hoping to see DCI sold at a revenue multiple between 2-3 (the WH Smith contracts went at 5X) , but I found that even if we dropped that all of the way to a multiple of 1, (which is what we paid for Edge as a private company) the sales price/share still looks a whole lot better than our current share price. (G) Just to put things in perspective, here is where we are NOW, without Locus, TWC or any other additions/synergies using 25 million shares out:

$2 on 1X revenues
$4 on 2X
$5 on 2.5
$6 on 3X

On 35 million shares out, Locus and TWC on board:

$4.30 on 1X revenues
$8.60 on 2X revenues
$10.70 on 2.5X revenues
$12.94 on 3X revenues

Kinda makes me want to own a few shares of this one. (G)

James

James
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext