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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Richard L. Williams who wrote (12148)12/7/1998 10:58:00 AM
From: Motlink  Read Replies (2) of 19331
 
I think it should be made clear hear that DCI is not assuming the debt of the deadbeat customer, it has just agreed to try and collect from them. IXC is actually going to write off $14 million of this debt in the fourth quarter of which they already have some reserved. DCI is getting a nice capital infusion here with some protection for themselves. The debt is a NON-ISSUE.

Tom in WI
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