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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: JOE MEDSKER who wrote (12390)	12/8/1998 10:06:00 AM
From: valuehunter	Read Replies (5) of 19331

Somebody correct me if I'm wrong, but................. It appears to me that DCTC got the rights to utilize IXC's Europe infrastructure in exchange for 4.25 million DCTC shares up to a maximum value of $22million unless DCTC opts to repurchase them by 4/1/99. As a "bonus" DCTC got the rights to manage the collection from the resolution of owed monies from the defaulting ISP under the terms of an existing secured note for $16 million to be paid @ $250 thousand weekly. It seems to me that if DCTC is successful at collecting from the ISP, then the "purchase" of the infrastructure rights can be almost free. If they are semi-successful at collection, then the purchase is at a great discount to what it would appear on the surface. Finally, the call option leaves DCTC with a whole lot of flexibility to decide in what manner to finance. SOME BODY CORRECT ME IF I AM WRONG 'CAUSE THIS LOOKS LIKE A "KILLER" OF A GOOD DEAL TO ME & I DON'T UNDERSTAND THE STREET'S LACK OF POSITIVE RESPONSE!!! Yes, I do - we've got to get off the BB.......V

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