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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Bruce Galpeer who wrote (9775)	10/26/1998 3:53:00 PM
From: James Harold Alton	Read Replies (2) of 19331

Bruce, I have a question. (G) What is your take on FAHN's action today? I have not been able to watch the whole time, but I have seen him consistently jump on the ASK and walk us down a few pennies, whenever volume dried up or some selling would come in. He didn't however seem to stay long if significant buying came in. Early this AM, while he was at 1.63, there were several trades that were apparently filled by MM's at higher prices (1.64 & 1.65) for several minutes, as soon as the trades started to go off at 1.63, he left. It appears to me that FAHN is trying to keep a lid on the price and has been doing so now for several trading days in a row, it also appears to me that he is losing the battle, but has not quite given up yet. I have to wonder if he might be trying to protect the short, or maybe he is short himself??(G) Your input as always would be interesting on this if you care to divulge... James

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