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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Bruce Galpeer who wrote (12155)	12/7/1998 9:00:00 AM
From: BigWave Dave	Read Replies (1) of 19331

ANY guesses to the valuation within DCI press release?? Under the agreements, DCI has a call option to repurchase the 4.25 million shares of its stock from IXC through April 1, 1999 at a price of approximately $18 million. In the event the call option is not exercised, there will be an adjustment to the number of shares owned by IXC on June 1, 1999 if the 15-day volume-weighted average price for the shares is outside of the range of $4.20 to $5.88. After the adjustment, if any, IXC will own shares of DCI with a minimum value of approximately $18 million (if the price is below the range) and a maximum value of $22 million (if the price is above the range).

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