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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (9611)10/22/1998 11:26:00 PM
From: JOE MEDSKER  Read Replies (1) of 19331
 
JHA,
The reason I say we could safely add to our DCI position up to $3.00 a share is that, at that price we still have a double at a minimum. By the way don't worry about a listing. The CardCall overhang is down to what I call a non event status. The remaining share holders probably don't like the current low price either. Yes, we do have or did have a big short position from one broker and there was and probably still is one market maker short about 100,000 shares , not a big problem. The short position from the broker was pretty big and IMO a big chunk of it is still there. From what I have heard they are worried. Keep in mind its been a long time since DCI has gone up this many days in a row without the day traders and flippers bringing us down. Keep in mind we have not had a press release to start this movement either. In fact we all know the nest release is about the revenues and the last release already addressed that. Since the first of October we have had super volume with the bid moving up. That is very bullish. I know for a fact the number of new investors coming in for the brass ring is growing every day and some of them are putting in big dollars. Yes we do have a few day traders as evidenced by our new best friends that have shown up on SI. Expect to see a few more in the next few weeks.

James, we do not have one unidentified buyer, believe me. There are a ton of new people coming in. I know this from the e-mails I receive daily. Everybody loves a stock when its going up on big volume. Our fundamentals are great and getting better and we look good on the charts. Joe Murphy said he was wrapping this up by the end of the year and we would all leave together. For most of this year I have said something would be finalized by the end of November and we would all know where we stand by the end of the year. I will say again, IMO the QP will end next month with the best news the company has ever given us.

Best Regards
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