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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Parker Benchley who wrote (8940)9/30/1998 4:04:00 PM
From: JOE MEDSKER  Read Replies (2) of 19331
 
GWB,
In light of what is happening to the NASDAQ and the DOW I would say DCI is holding up rather well. NFSC has actually been on the bid for more than an hour I think that sets a record. They are one penny above the ask but there is something fishy there. They probably are just being nice guys and are letting FAHN make a buck since he is the only one at the ask.

Speaking of something that smells, I will give you and everybody else something to think about. For the week ending 8/14 NFSC had 733,514 shares of DCI in their customer accounts. There was not a single net change any day that week. That is unusual. But wait, there is more. For the week ending 8/21 they held 733,514 shares also, not a single net change any day that week. Very unusual. For the week ending 8/28 absolutely no change. At this point I would think Ripley himself would be interested. For the week ending 9/4 some one finally sold 2500 shares reducing the total to 731,014 shares. Guess what, for the week ending 9/18 they still held 731,014 shares.

I don't know what NFSC is doing but for a firm that size I find it hard to believe that they could go that long with only one net change of 2500 shares. If there is anybody out there that holds their shares with National financial Services I would be interested in knowing if you bought or sold DCI in the last 5 weeks.

Best Regards
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