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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: AKAPAK who wrote (9704)10/23/1998 5:49:00 PM
From: James Harold Alton  Read Replies (2) of 19331
 
Paul, It sure looked frantic on the tape near the close to me, I wonder if our shorter (s) even realized how much they had sold today until later on? Hopefully they are tallying up the damage done to them for the week and will soon throw in the towel and look for a stock to short that doesn't have so many loyal shareholders. (G)

I believe that essentially all of us agree that DCI's fundamentals look really impressive and that the company has been making incredible progress in growing revenues per share over the past year. The one problem DCI has had that IMO that has been keeping away a lot of interested buyers, had been the ugly chart this stock has had, under the CC selling, the shorting, concern over the series F shares being converted and sold and from general market conditions. With the series F to be bought back and removed as possible future overhead, with CC shares down to a number that could be gobbled up in a day or two, the overhead with the exception of our shorter has dried up it appears to me. With the steady strong rise DCTC has shown for the past 7 trading days, our chart is starting to look very good, and IMO fundamentally this stock can more than triple before reaching a reasonable level, so I suspect that we could see a lot of new interest in DCTC. The next few weeks could be interesting...

James
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